1
00:00:01,520 --> 00:00:04,840
Speaker 1: The only drive show you can try to ask the questions,

2
00:00:05,400 --> 00:00:09,440
Speaker 1: get the answers, find a fact and give the analysis.

3
00:00:09,800 --> 00:00:13,360
Speaker 1: Heather duplicy Ellen Drive with One New Zealand and the

4
00:00:13,400 --> 00:00:15,640
Speaker 1: power of satellite mobile news talks.

5
00:00:15,680 --> 00:00:17,680
Speaker 2: There'd be afternoon.

6
00:00:17,720 --> 00:00:19,599
Speaker 3: Welcome to the show coming up today, it's the Mega

7
00:00:19,640 --> 00:00:22,080
Speaker 3: strike tomorrow. Is there any chance of a last minute

8
00:00:22,079 --> 00:00:24,400
Speaker 3: call off? We'll talk to the Public Service Commissioner after

9
00:00:24,480 --> 00:00:28,080
Speaker 3: five officials. Health officials are worried about Measles Nicky Turner,

10
00:00:28,120 --> 00:00:30,920
Speaker 3: the immunization expert on the show and in New Zealand,

11
00:00:31,000 --> 00:00:32,560
Speaker 3: is having a rough old time, isn't it? Will have

12
00:00:32,560 --> 00:00:34,240
Speaker 3: a chat to the Shareholders' Association.

13
00:00:34,880 --> 00:00:37,000
Speaker 2: Heather duplicy Ellen, Right well, and.

14
00:00:37,040 --> 00:00:40,880
Speaker 3: Yet another frankly welcome sign that the world's climate overhype

15
00:00:40,920 --> 00:00:43,760
Speaker 3: may be over, or at least correcting. The latest is

16
00:00:43,800 --> 00:00:46,080
Speaker 3: that the government has announced it's now easing the rules

17
00:00:46,120 --> 00:00:49,919
Speaker 3: on how much compulsory climate reporting the big listed companies

18
00:00:49,960 --> 00:00:51,479
Speaker 3: have to do. Now, I don't blame you if you

19
00:00:51,479 --> 00:00:53,000
Speaker 3: feel it this minute like your eyes are about to

20
00:00:53,000 --> 00:00:54,960
Speaker 3: glaze over, but do not let that happen. So this

21
00:00:55,000 --> 00:00:57,480
Speaker 3: is actually much more important than it sounds. This goes

22
00:00:57,520 --> 00:00:59,880
Speaker 3: back to the bad old days. I've just said that.

23
00:01:00,760 --> 00:01:05,399
Speaker 3: Twenty twenty one, when then administration brought in rules forcing

24
00:01:05,600 --> 00:01:09,440
Speaker 3: large publicly listed companies to report to shareholders the impact

25
00:01:09,640 --> 00:01:12,479
Speaker 3: that climate change may have on them, it was world leading,

26
00:01:13,200 --> 00:01:17,080
Speaker 3: it was groundbreaking. It was incredibly expensive. Turners, the car

27
00:01:17,120 --> 00:01:19,959
Speaker 3: company reckons that their first report, which only runs to

28
00:01:20,040 --> 00:01:25,800
Speaker 3: seven pages, cost them one million dollars to produce. Some

29
00:01:26,000 --> 00:01:28,920
Speaker 3: companies have told the relevant Minister, Scott Simpson that it

30
00:01:29,000 --> 00:01:33,160
Speaker 3: cost them two million dollars to produce their reports. The

31
00:01:33,200 --> 00:01:36,040
Speaker 3: ones who are getting off easy here are still paying

32
00:01:36,040 --> 00:01:40,760
Speaker 3: apparently close to two hundred thousand dollars. Veteran director Johan

33
00:01:40,800 --> 00:01:43,360
Speaker 3: Withers famously complained about this in July when she said

34
00:01:43,360 --> 00:01:46,080
Speaker 3: that climate reporting was taking up more of her time

35
00:01:46,520 --> 00:01:50,400
Speaker 3: than preparing financial statements, which is the actual thing that

36
00:01:50,520 --> 00:01:54,640
Speaker 3: shareholders are interested in. And that is completely nuts. And

37
00:01:54,720 --> 00:01:56,800
Speaker 3: for all of the money and all of the effort

38
00:01:56,840 --> 00:01:59,520
Speaker 3: that these businesses were putting into it, not one carbon

39
00:01:59,560 --> 00:02:02,680
Speaker 3: particle was saved from going into the atmosphere. It did

40
00:02:02,680 --> 00:02:05,360
Speaker 3: not bring down anybody's emissions. That was not the point

41
00:02:05,400 --> 00:02:07,520
Speaker 3: of it. It was simply to talk about it, and

42
00:02:07,600 --> 00:02:10,760
Speaker 3: the money was just wasted on paperwork instead of being

43
00:02:10,800 --> 00:02:13,840
Speaker 3: reinvested into the business to raise productivity, which is the

44
00:02:13,919 --> 00:02:16,840
Speaker 3: thing that should we should be laser focused on in

45
00:02:16,840 --> 00:02:19,440
Speaker 3: this country. Now. I applaud the government for doing what

46
00:02:19,480 --> 00:02:21,360
Speaker 3: it has done today, but it does not go far enough,

47
00:02:21,360 --> 00:02:23,760
Speaker 3: because they've only eased the rules for the smaller companies,

48
00:02:24,000 --> 00:02:26,120
Speaker 3: so about eighty eight of them will now not have

49
00:02:26,200 --> 00:02:28,400
Speaker 3: to report, but seventy six of the big ones are

50
00:02:28,400 --> 00:02:31,360
Speaker 3: still going to be required to do this utterly pointless, expensive,

51
00:02:31,440 --> 00:02:35,240
Speaker 3: unproductive exercise. If it is pointless and expensive and unproductive

52
00:02:35,240 --> 00:02:38,480
Speaker 3: for the small companies, it is also pointless, expensive and

53
00:02:38,639 --> 00:02:41,640
Speaker 3: unproductive for the big companies. The government should go further

54
00:02:41,680 --> 00:02:42,480
Speaker 3: than it has today.

55
00:02:43,600 --> 00:02:45,480
Speaker 2: Ever, dup c Ellens.

56
00:02:47,400 --> 00:02:49,760
Speaker 3: Nine two nine two text understand a text fee supply.

57
00:02:49,840 --> 00:02:52,959
Speaker 3: Barry Coates, who's with Mindful Money, completely disagrees with me.

58
00:02:53,040 --> 00:02:54,320
Speaker 3: Oh this, He's going to be with us in about

59
00:02:54,360 --> 00:02:56,120
Speaker 3: an hour and a half half plast five. He'll have

60
00:02:56,120 --> 00:02:58,080
Speaker 3: a chat to us. Now, if you are a regular

61
00:02:58,120 --> 00:03:00,720
Speaker 3: listener to the show and your house users, you'll have

62
00:03:00,760 --> 00:03:02,720
Speaker 3: heard me telling you might want to think about switching

63
00:03:02,720 --> 00:03:05,160
Speaker 3: to electricity or maybe switching your gas provider or whatever.

64
00:03:05,240 --> 00:03:07,320
Speaker 3: And that's because we're running out of gas right and

65
00:03:07,360 --> 00:03:09,280
Speaker 3: two days ago we got the news that Contact is

66
00:03:09,320 --> 00:03:12,440
Speaker 3: putting up prices by about seventeen percent for thousands of

67
00:03:12,480 --> 00:03:16,400
Speaker 3: people who use gas. Master Plumber CEO Greg Wallace thinks

68
00:03:16,400 --> 00:03:18,560
Speaker 3: though that switching to electricity might not be the right

69
00:03:18,560 --> 00:03:20,920
Speaker 3: decision for everyone, and he's with us now, Hi, Greg.

70
00:03:21,440 --> 00:03:22,520
Speaker 4: Oh, good afternoon, Heather.

71
00:03:22,560 --> 00:03:22,880
Speaker 3: Why not.

72
00:03:24,280 --> 00:03:27,720
Speaker 4: Look, it's the capital cost so we're getting. I mean,

73
00:03:28,200 --> 00:03:30,399
Speaker 4: let me be clear, though, we're not against heap pump

74
00:03:30,400 --> 00:03:33,440
Speaker 4: hot water technology. We're not against solar in these electra.

75
00:03:33,639 --> 00:03:36,560
Speaker 4: It's horses for courses and people have to make decisions.

76
00:03:38,080 --> 00:03:40,920
Speaker 4: Two tear market though, you just need to remember. Are

77
00:03:40,960 --> 00:03:44,360
Speaker 4: remind listeners that LPG in the South Island no shortage

78
00:03:44,400 --> 00:03:47,760
Speaker 4: of LPG at all. Yes, there's some price pressure for that,

79
00:03:48,000 --> 00:03:50,800
Speaker 4: but no shortage of LPG, and we do have LPG

80
00:03:50,960 --> 00:03:55,119
Speaker 4: reticulated in some places in the South Island. What we're

81
00:03:55,120 --> 00:04:00,440
Speaker 4: getting is inundated with consumers investigating, particularly about heat pump

82
00:04:00,480 --> 00:04:04,320
Speaker 4: hot water. But the costs are anything between five and

83
00:04:04,360 --> 00:04:07,080
Speaker 4: a half to ten thousand dollars to change over, So

84
00:04:07,120 --> 00:04:11,280
Speaker 4: that capital investment is a considerable investment and that payback

85
00:04:11,360 --> 00:04:12,480
Speaker 4: takes some time.

86
00:04:12,680 --> 00:04:14,680
Speaker 2: How long So well, we.

87
00:04:14,880 --> 00:04:17,560
Speaker 4: Estimate that would be about five years for most people

88
00:04:17,760 --> 00:04:20,920
Speaker 4: to get that payback on that capital investment of heat

89
00:04:20,920 --> 00:04:24,760
Speaker 4: pump hot water. Now, heat pump's great, it's a big tank.

90
00:04:24,920 --> 00:04:29,040
Speaker 4: It has to go somewhere. Unfortunately, most of our cylinders

91
00:04:29,279 --> 00:04:32,200
Speaker 4: are in the seventies, eighties, and nineties were all installed

92
00:04:32,240 --> 00:04:34,400
Speaker 4: in the middle of the house with a linen cupboard,

93
00:04:34,880 --> 00:04:38,520
Speaker 4: and to retro fit that is pretty expensive. You're going

94
00:04:38,560 --> 00:04:40,240
Speaker 4: to have space for it, and you've got to have

95
00:04:40,360 --> 00:04:44,080
Speaker 4: that the usage because we're actually fitting a lot of water.

96
00:04:44,160 --> 00:04:47,679
Speaker 4: You're heating up to three hundred and twenty liters of water,

97
00:04:48,200 --> 00:04:52,279
Speaker 4: and so if you're a couple, that may not be

98
00:04:52,400 --> 00:04:55,240
Speaker 4: your best choice. If you're a low use of uses

99
00:04:55,600 --> 00:04:56,520
Speaker 4: of hot water.

100
00:04:57,080 --> 00:04:59,800
Speaker 3: Trouble is right, So you can you can, you can

101
00:04:59,800 --> 00:05:02,800
Speaker 3: do it now and then you can get you you'll

102
00:05:03,200 --> 00:05:05,880
Speaker 3: be breaking even in five years, or you can wait

103
00:05:05,920 --> 00:05:08,240
Speaker 3: for five years and then do it and then you've

104
00:05:08,279 --> 00:05:10,920
Speaker 3: wasted all your money on gas for the last five years.

105
00:05:11,839 --> 00:05:14,400
Speaker 3: Look again, gas is not going to get cheaper at

106
00:05:14,440 --> 00:05:16,280
Speaker 3: any point ever in the future, is it.

107
00:05:17,040 --> 00:05:17,200
Speaker 5: No.

108
00:05:17,720 --> 00:05:21,640
Speaker 4: But my point is also is electricity going to remain

109
00:05:21,680 --> 00:05:23,800
Speaker 4: the same or we're going to have the same without

110
00:05:23,920 --> 00:05:27,720
Speaker 4: a gas and a competitive energy sector, whereas the electricity

111
00:05:27,760 --> 00:05:30,960
Speaker 4: price is going to go hither. The other point is

112
00:05:31,640 --> 00:05:35,520
Speaker 4: biogas is real, and so in Denmark this year they

113
00:05:35,520 --> 00:05:38,440
Speaker 4: will produce it close to forty five percent of biogas.

114
00:05:38,800 --> 00:05:41,559
Speaker 4: And that is taking the food scraps. And we've got

115
00:05:41,839 --> 00:05:45,599
Speaker 4: one plant in central North Island and we've got another

116
00:05:45,640 --> 00:05:49,000
Speaker 4: plant opening in christ Church that's taking food scraps that

117
00:05:49,160 --> 00:05:53,480
Speaker 4: don't go to landfall and turning that into biogas and

118
00:05:53,520 --> 00:05:58,040
Speaker 4: that can go straight into the natural gas pipeline. Now, Denmark,

119
00:05:58,560 --> 00:06:02,320
Speaker 4: by twenty thirty, one hundred percent of their gas will

120
00:06:02,360 --> 00:06:06,240
Speaker 4: come from biogas. We should be investing in that technology.

121
00:06:06,960 --> 00:06:09,080
Speaker 3: But that's also sort of unicorn stuff at the moment,

122
00:06:09,120 --> 00:06:10,720
Speaker 3: isn't it? Like that's not real? If you if you're

123
00:06:10,760 --> 00:06:14,400
Speaker 3: sitting there, and I appreciate your enthusiasm about it, but

124
00:06:14,640 --> 00:06:17,600
Speaker 3: at the moment, if you're if you're thinking about switching

125
00:06:18,000 --> 00:06:21,040
Speaker 3: saving money electricity, is this is a different thing altogether?

126
00:06:21,120 --> 00:06:21,839
Speaker 3: Can I ask you?

127
00:06:21,880 --> 00:06:21,960
Speaker 5: So?

128
00:06:22,040 --> 00:06:24,479
Speaker 3: I've got in my house in the lounge, I've got

129
00:06:24,480 --> 00:06:27,200
Speaker 3: one of those those heater is a gas heater that's

130
00:06:27,200 --> 00:06:29,359
Speaker 3: supposed to look like a real fireplace, you know, the

131
00:06:29,400 --> 00:06:32,640
Speaker 3: one that's got the little like loggy things and looks

132
00:06:32,640 --> 00:06:35,719
Speaker 3: this is sort of a cozy and stuff. Should I

133
00:06:35,760 --> 00:06:38,359
Speaker 3: be thinking about ripping that out and putting something electric

134
00:06:38,400 --> 00:06:38,680
Speaker 3: in there?

135
00:06:40,200 --> 00:06:44,160
Speaker 4: If you've got gas connector now that actually that device

136
00:06:44,400 --> 00:06:48,080
Speaker 4: is actually very energy efficient? Is it to hit your home? Yeah,

137
00:06:48,120 --> 00:06:48,919
Speaker 4: and so they're.

138
00:06:48,920 --> 00:06:52,000
Speaker 3: More energy efficient than some electric system would have been.

139
00:06:53,200 --> 00:06:55,360
Speaker 4: Well, you can put a white box on the on

140
00:06:55,400 --> 00:07:00,440
Speaker 4: the wall in that heat them, yes, and that will

141
00:07:00,480 --> 00:07:05,280
Speaker 4: be more energy efficient. But the gas flame effect fire

142
00:07:05,320 --> 00:07:07,839
Speaker 4: that you've got a very energy efficient.

143
00:07:07,520 --> 00:07:09,680
Speaker 3: Okay, as you say you can get the sort of

144
00:07:09,680 --> 00:07:10,920
Speaker 3: the sexy romance with the.

145
00:07:11,400 --> 00:07:14,960
Speaker 4: Flame that's important in your health.

146
00:07:15,200 --> 00:07:17,600
Speaker 3: You can't quantify that, like you can't say how much

147
00:07:17,640 --> 00:07:21,440
Speaker 3: that's worth. Okay, what about if you want to disconnect

148
00:07:21,440 --> 00:07:23,760
Speaker 3: gas that in and of itself, greg is hugely expensive,

149
00:07:23,800 --> 00:07:25,040
Speaker 3: isn't it just turning it off?

150
00:07:25,920 --> 00:07:26,120
Speaker 2: Yeah?

151
00:07:26,160 --> 00:07:30,400
Speaker 4: Again, and so misinformation South Island LPG and so no

152
00:07:30,520 --> 00:07:33,960
Speaker 4: disconnection fees because they use bottles North Island US. There's

153
00:07:33,960 --> 00:07:37,040
Speaker 4: some disconnection fees there. I mean, I just also want

154
00:07:37,040 --> 00:07:40,160
Speaker 4: to point out that going to the holiday period, there's

155
00:07:40,200 --> 00:07:43,679
Speaker 4: a lot of people that have cribs, batchers, and holiday homes,

156
00:07:43,680 --> 00:07:46,800
Speaker 4: and we've got a big Airbnb rental in the market now.

157
00:07:46,840 --> 00:07:51,520
Speaker 4: For those homes that aren't used for one hundred percent

158
00:07:51,520 --> 00:07:54,200
Speaker 4: of the time, storing hot water is again not a

159
00:07:54,320 --> 00:07:59,120
Speaker 4: sensible option, and so having gas or an infinity or

160
00:07:59,200 --> 00:08:02,400
Speaker 4: integrity system and it's actually a good choice for those people.

161
00:08:02,760 --> 00:08:04,800
Speaker 3: Yeah. Actually that's a fair point that you make, although, Greg,

162
00:08:04,840 --> 00:08:07,560
Speaker 3: don't forget in a natural disaster, I'm going to be

163
00:08:07,640 --> 00:08:09,560
Speaker 3: drinking water out of my hot water cylinder and what

164
00:08:09,600 --> 00:08:10,440
Speaker 3: are you going to be drinking.

165
00:08:11,680 --> 00:08:14,240
Speaker 4: I'm going to have my stormwaterer that I've stored on

166
00:08:14,280 --> 00:08:15,960
Speaker 4: the side of my house and I can just open

167
00:08:16,000 --> 00:08:16,280
Speaker 4: the tech.

168
00:08:16,440 --> 00:08:18,240
Speaker 3: Yeah, you're already prepared for it. I like that, Greg,

169
00:08:18,240 --> 00:08:20,840
Speaker 3: Thanks very much, mate, look after yourself. Greg Wallace, Master

170
00:08:20,880 --> 00:08:24,640
Speaker 3: Plumbers CEO. Listen if you enjoy Katan. You know the

171
00:08:24,680 --> 00:08:26,880
Speaker 3: board game Katan. That's actually probably one of the better

172
00:08:26,880 --> 00:08:28,760
Speaker 3: board games out at the minute, isn't it. It's coming

173
00:08:28,760 --> 00:08:32,000
Speaker 3: to Netflix. Deadline is reporting that it could involve live

174
00:08:32,040 --> 00:08:34,800
Speaker 3: action and animated films, as well as scripted and unscripted

175
00:08:34,840 --> 00:08:36,760
Speaker 3: projects and video games, And I honestly can't tell you

176
00:08:36,760 --> 00:08:38,439
Speaker 3: what the hell that means. I don't know what it means.

177
00:08:38,640 --> 00:08:41,840
Speaker 3: But I'm thinking about this. I think the most obvious

178
00:08:41,880 --> 00:08:45,040
Speaker 3: way to make Katan come into television is just like

179
00:08:45,080 --> 00:08:48,079
Speaker 3: a reality TV show, isn't it where you've got at

180
00:08:48,080 --> 00:08:48,680
Speaker 3: what ants?

181
00:08:49,200 --> 00:08:51,760
Speaker 6: Isn't it we're wiki game show where you just mold

182
00:08:51,800 --> 00:08:56,760
Speaker 6: play guitar. No, you are the player. The human is

183
00:08:56,800 --> 00:08:59,719
Speaker 6: the player who's trying to like battle for resources, and

184
00:08:59,720 --> 00:09:02,440
Speaker 6: then there are thieves roaming around, like think about it.

185
00:09:02,480 --> 00:09:03,240
Speaker 3: Is it not obvious to you?

186
00:09:03,360 --> 00:09:05,520
Speaker 6: Well, no, you'd just be designing a different game though

187
00:09:05,520 --> 00:09:07,000
Speaker 6: when you and you just be calling it Katar for

188
00:09:07,040 --> 00:09:07,720
Speaker 6: the out of the IP.

189
00:09:07,880 --> 00:09:10,040
Speaker 3: I was just trying to figure out how this would work. Anyway,

190
00:09:10,320 --> 00:09:12,760
Speaker 3: they're gonna make it work. It's the third board game,

191
00:09:12,800 --> 00:09:14,559
Speaker 3: so they obviously have some sort of a plan here.

192
00:09:14,720 --> 00:09:17,160
Speaker 3: That's the third board board game. Netflix is turning it

193
00:09:17,200 --> 00:09:19,599
Speaker 3: into turning into it Tally because they're doing Includo and

194
00:09:19,640 --> 00:09:21,520
Speaker 3: they're doing Monopoly, and if you can figure out how

195
00:09:21,520 --> 00:09:23,880
Speaker 3: either of them turn into Tally, we would also appreciate

196
00:09:23,920 --> 00:09:24,760
Speaker 3: that Full sixteen.

197
00:09:26,480 --> 00:09:29,760
Speaker 1: It's the Heather to Bussy allan Drive full show podcast

198
00:09:29,880 --> 00:09:32,880
Speaker 1: on iHeartRadio powered by News talk z'b.

199
00:09:33,880 --> 00:09:36,720
Speaker 3: Hither that Plumber is dreaming about biogas. We have one

200
00:09:36,760 --> 00:09:39,360
Speaker 3: hundred and fifty four petadules of gas to replace by

201
00:09:39,400 --> 00:09:42,160
Speaker 3: twenty twenty nine. That is the equivalent of twenty nine

202
00:09:42,280 --> 00:09:45,360
Speaker 3: Huntly power stations. And by the way, disconnecting a house

203
00:09:45,400 --> 00:09:47,600
Speaker 3: safely costs two and a half thousand dollars per house.

204
00:09:47,600 --> 00:09:49,800
Speaker 3: It's from Leicester. I told you it was expensive. Nineteen

205
00:09:49,840 --> 00:09:50,560
Speaker 3: past four.

206
00:09:50,840 --> 00:09:54,160
Speaker 1: Sport with the tab app download and get your bed

207
00:09:54,240 --> 00:09:56,000
Speaker 1: on ri eighteen bit responsibility.

208
00:09:56,000 --> 00:09:57,840
Speaker 3: It's with Sports Talk Hoosters with us out of Allie.

209
00:09:57,960 --> 00:10:00,959
Speaker 7: Hello Heather, here's the tickets available for this. This is

210
00:10:01,000 --> 00:10:03,280
Speaker 7: tomorrow night at Eden Park. You know were the flagship

211
00:10:03,320 --> 00:10:05,280
Speaker 7: games of the summer. You would have to think black

212
00:10:05,280 --> 00:10:08,640
Speaker 7: Caps England. They did a deal yesterday twenty five dollars tickets.

213
00:10:08,640 --> 00:10:10,320
Speaker 7: That did for about twelve hours. But there are still

214
00:10:10,360 --> 00:10:12,160
Speaker 7: bucket loads of tickets.

215
00:10:12,480 --> 00:10:15,080
Speaker 3: How many like half the stadium, A quarter of the stadium.

216
00:10:15,120 --> 00:10:17,319
Speaker 7: I would say more than half the stadium. I look

217
00:10:17,320 --> 00:10:18,880
Speaker 7: at the ticket map. I mean it's hard to get

218
00:10:18,920 --> 00:10:20,600
Speaker 7: an exact number, but I looked at the ticket map

219
00:10:20,600 --> 00:10:23,640
Speaker 7: about twenty minutes ago. Buckets a ticket. Now it's probably

220
00:10:23,640 --> 00:10:26,240
Speaker 7: going to rain in Auckland because it's terrible weather across

221
00:10:26,240 --> 00:10:28,959
Speaker 7: the country, but people haven't planned in advance, and that's

222
00:10:28,960 --> 00:10:31,000
Speaker 7: the kind of thing that worries me, is that people

223
00:10:31,080 --> 00:10:33,080
Speaker 7: weren't looking three or four weeks ago to go, let's

224
00:10:33,080 --> 00:10:35,920
Speaker 7: go to black Caps England and buy our tickets. So

225
00:10:35,920 --> 00:10:39,200
Speaker 7: it very rainy tomorrow, very rainy tomorrow. But people also

226
00:10:39,240 --> 00:10:41,120
Speaker 7: haven't bot their tickets in advance, not knowing what the

227
00:10:41,120 --> 00:10:43,360
Speaker 7: weather might be. So I think there's a little bit

228
00:10:43,360 --> 00:10:44,360
Speaker 7: of an issue there around this.

229
00:10:44,600 --> 00:10:45,840
Speaker 3: Is it a Thursday night issue?

230
00:10:46,000 --> 00:10:47,400
Speaker 7: Could be a Thursday night issue?

231
00:10:47,480 --> 00:10:50,960
Speaker 3: Because tell me, asking for a friend who's going me,

232
00:10:51,920 --> 00:10:53,160
Speaker 3: what times are going to wrap up?

233
00:10:54,320 --> 00:10:57,040
Speaker 7: Fifteen first ball? You're probably allowed three in a bed.

234
00:10:57,280 --> 00:10:59,040
Speaker 7: It's probably going to wrap up about ten thirty.

235
00:10:59,120 --> 00:11:01,280
Speaker 3: That's quite late Thursday, it is.

236
00:11:01,400 --> 00:11:06,319
Speaker 7: Yeah, And people getting across Auckland Kingsland's not always the easiest, so.

237
00:11:06,280 --> 00:11:08,400
Speaker 3: By the time you you know, navigate your way out

238
00:11:08,400 --> 00:11:10,160
Speaker 3: of the cordons and stuff like that, you're getting home

239
00:11:10,160 --> 00:11:12,880
Speaker 3: at about midnight maybe probably yeah, yeah, So isn't that

240
00:11:12,880 --> 00:11:13,520
Speaker 3: part of the problem.

241
00:11:13,640 --> 00:11:15,839
Speaker 7: It could well be. And that's the problem I've got,

242
00:11:15,880 --> 00:11:18,000
Speaker 7: is that they've squeezed this and it's not New Zealand

243
00:11:18,000 --> 00:11:20,440
Speaker 7: cricket's fault necessarily, but they've had to squeeze this two

244
00:11:20,480 --> 00:11:22,640
Speaker 7: week England tour before they go and play the Ashes

245
00:11:23,000 --> 00:11:24,960
Speaker 7: over in Australia, so you're going to have to play.

246
00:11:25,000 --> 00:11:26,840
Speaker 7: They played Monday night earlier in the week. They're playing

247
00:11:26,840 --> 00:11:30,439
Speaker 7: Thursday night. You know, these aren't the traditional Saturday afternoon

248
00:11:30,760 --> 00:11:33,080
Speaker 7: Sunday games of cricket that may Friday night that we

249
00:11:33,160 --> 00:11:35,600
Speaker 7: may be used to. Yeah, and so one, I think

250
00:11:35,600 --> 00:11:37,839
Speaker 7: it's a you know, it's it's a double issue that.

251
00:11:37,880 --> 00:11:40,240
Speaker 3: Can I just suggest though, twenty five dollars to go

252
00:11:40,320 --> 00:11:42,520
Speaker 3: and see the black Caps play England in a T

253
00:11:42,520 --> 00:11:44,400
Speaker 3: twenty is an absolute bargain.

254
00:11:44,440 --> 00:11:45,160
Speaker 7: It's a pretty good deal.

255
00:11:45,200 --> 00:11:45,719
Speaker 3: We should just take it.

256
00:11:45,840 --> 00:11:47,480
Speaker 7: Absolutely. He looked at some of the other prices though,

257
00:11:47,480 --> 00:11:48,840
Speaker 7: they're edging about sixty dollars.

258
00:11:49,600 --> 00:11:51,839
Speaker 3: Oh geez, there you go. Hey, run me quickly through

259
00:11:51,840 --> 00:11:53,040
Speaker 3: what's just dropped with the silver fist.

260
00:11:53,120 --> 00:11:55,760
Speaker 7: So high Performanceport in New Zealand basically admitting that they've

261
00:11:56,200 --> 00:11:59,960
Speaker 7: been funding sort of the reviews and external consultants to

262
00:12:00,040 --> 00:12:01,680
Speaker 7: come in and try and figure out this mess around

263
00:12:01,800 --> 00:12:05,200
Speaker 7: and the player support and the player support, So high Performance.

264
00:12:04,720 --> 00:12:06,720
Speaker 3: Sport New Zealand is Donkey deep.

265
00:12:06,480 --> 00:12:08,480
Speaker 7: In this well, yes, and Nolan total is on the

266
00:12:08,480 --> 00:12:11,960
Speaker 7: boards of Yeah around there as well.

267
00:12:12,040 --> 00:12:12,199
Speaker 2: Yes.

268
00:12:12,240 --> 00:12:16,000
Speaker 7: So it's a bit of a mess. It's not even

269
00:12:16,120 --> 00:12:17,120
Speaker 7: further into the mess.

270
00:12:17,559 --> 00:12:17,839
Speaker 5: I don't know.

271
00:12:18,200 --> 00:12:20,120
Speaker 7: I think this is high performance in New Zealand. That

272
00:12:20,240 --> 00:12:22,840
Speaker 7: is what they're there for. Lost their job, this is

273
00:12:22,840 --> 00:12:24,640
Speaker 7: their job to provide. The athletes are going to put

274
00:12:24,640 --> 00:12:25,040
Speaker 7: something to you.

275
00:12:25,080 --> 00:12:27,160
Speaker 3: So somebody said to me today and this is this

276
00:12:27,440 --> 00:12:29,920
Speaker 3: was a conversation about Neckball, New Zealand. I've had two

277
00:12:30,000 --> 00:12:31,800
Speaker 3: people say this to me actually in the last twenty

278
00:12:31,800 --> 00:12:34,559
Speaker 3: four hours who have kind of like, I think, some

279
00:12:34,679 --> 00:12:37,760
Speaker 3: inside information of what's going on here. They said Neckborn,

280
00:12:37,760 --> 00:12:40,600
Speaker 3: New Zealand and suggested they're not the bad guys here.

281
00:12:40,679 --> 00:12:42,959
Speaker 3: The problem is they cannot defend themselves.

282
00:12:43,000 --> 00:12:44,840
Speaker 7: That's que may Well be getting.

283
00:12:44,679 --> 00:12:47,040
Speaker 3: Because of legal The legal rama's.

284
00:12:46,679 --> 00:12:50,160
Speaker 7: An employment issue. They say something wrong in the public domain,

285
00:12:50,480 --> 00:12:51,320
Speaker 7: that's going to set them up.

286
00:12:51,320 --> 00:12:52,920
Speaker 3: It's going to be very clear where it came from.

287
00:12:53,000 --> 00:12:55,120
Speaker 3: And then Nolan's camp will be able to take harder

288
00:12:55,120 --> 00:12:55,959
Speaker 3: actions totally.

289
00:12:56,120 --> 00:12:58,480
Speaker 7: And so maybe they're sitting there going jeez, another day

290
00:12:58,520 --> 00:13:01,840
Speaker 7: that we're being absolutely snow by more and more criticism.

291
00:13:02,200 --> 00:13:04,040
Speaker 7: They're having to wear it and they can't get on

292
00:13:04,120 --> 00:13:07,920
Speaker 7: the front foot about this. But again, the public one answers,

293
00:13:07,960 --> 00:13:10,559
Speaker 7: and that's why you had Mark Mitchell yesterday on your show,

294
00:13:10,600 --> 00:13:13,400
Speaker 7: Willie Jackson also coming out and going, can we please,

295
00:13:13,440 --> 00:13:15,320
Speaker 7: for the love of God sort this out, because the

296
00:13:15,320 --> 00:13:18,320
Speaker 7: public is demanding and going, why hasn't Dame Loulene told

297
00:13:18,360 --> 00:13:20,439
Speaker 7: her there? Why do we not know these allegations? Why

298
00:13:20,480 --> 00:13:21,559
Speaker 7: does she not know the allegation?

299
00:13:21,920 --> 00:13:24,240
Speaker 3: Well, exactly, so, I mean, I'm sorry, but what we

300
00:13:24,280 --> 00:13:26,440
Speaker 3: know makes Netborne, New Zealand look terrible, that's.

301
00:13:26,320 --> 00:13:28,920
Speaker 7: Right, And so we're only getting you know.

302
00:13:29,679 --> 00:13:31,080
Speaker 3: Unfair on them or do they deserve it?

303
00:13:31,120 --> 00:13:31,520
Speaker 5: Elliott?

304
00:13:31,760 --> 00:13:34,480
Speaker 7: Well, again, they can't defend themselves, so we don't know.

305
00:13:34,640 --> 00:13:36,320
Speaker 7: And I guess that goes back to the original point

306
00:13:36,400 --> 00:13:39,840
Speaker 7: is how do we cover the story and you know,

307
00:13:39,920 --> 00:13:43,080
Speaker 7: give both sides of the debate when we're not getting

308
00:13:43,120 --> 00:13:44,760
Speaker 7: really any side of the debate.

309
00:13:44,840 --> 00:13:46,760
Speaker 3: Yeah, okay, that's a fair point. Allott listen, Thank you

310
00:13:46,840 --> 00:13:48,839
Speaker 3: very much. As always. Alix Smith's SportsTalk Coast be back

311
00:13:48,840 --> 00:13:52,679
Speaker 3: seven o'clock this evening for twenty three the day's newspakers.

312
00:13:52,679 --> 00:13:56,720
Speaker 1: Talk to Heather First, Heather Duplicy Ellen drive with one

313
00:13:56,800 --> 00:13:59,760
Speaker 1: New Zealand and the power of satellite mobile.

314
00:14:01,040 --> 00:14:03,040
Speaker 3: Hither. It's the weather. I've been planning on going to

315
00:14:03,040 --> 00:14:04,640
Speaker 3: the cricket, but I'm not going to show out heaps

316
00:14:04,679 --> 00:14:06,560
Speaker 3: of money if it's going to rain here. The lots

317
00:14:06,600 --> 00:14:08,200
Speaker 3: of people can't go to the cricket because they are

318
00:14:08,240 --> 00:14:11,160
Speaker 3: on strike. Hold on it take. That's exactly why they

319
00:14:11,160 --> 00:14:12,800
Speaker 3: can go to the cracket here, the create and the

320
00:14:12,880 --> 00:14:15,360
Speaker 3: probably well here the craig here. I've just changed from

321
00:14:15,400 --> 00:14:18,160
Speaker 3: gas hot water to heat pumps. The heat pump version.

322
00:14:18,400 --> 00:14:21,480
Speaker 3: We're saving approximately one hundred bucks a month and it

323
00:14:21,480 --> 00:14:23,960
Speaker 3: only costs three hundred and seventy dollars to disconnect for gas.

324
00:14:24,040 --> 00:14:24,360
Speaker 8: I don't know.

325
00:14:24,440 --> 00:14:26,400
Speaker 3: I don't know that gas is the solution anymore. Anyway,

326
00:14:26,400 --> 00:14:28,200
Speaker 3: You've got to make your own decisions, to your own numbers.

327
00:14:29,160 --> 00:14:31,800
Speaker 3: Listen to the Virginia Giufrey and Prince Andrews stuff is dragging on.

328
00:14:31,880 --> 00:14:34,280
Speaker 3: I'm going to get you across the andrew stuff. But

329
00:14:34,440 --> 00:14:36,960
Speaker 3: with Virginia Joe Fray, one of the details that's been

330
00:14:37,680 --> 00:14:40,440
Speaker 3: revealed in her book, which is obviously just dropped, is

331
00:14:41,000 --> 00:14:42,640
Speaker 3: and I'm not going to give you details, so don't

332
00:14:42,640 --> 00:14:44,280
Speaker 3: freak out you don't have to turn the radio off,

333
00:14:44,560 --> 00:14:47,760
Speaker 3: but that there was a former prime minister, she says,

334
00:14:48,240 --> 00:14:53,320
Speaker 3: who treated her very badly during sex. The book doesn't

335
00:14:53,360 --> 00:14:56,760
Speaker 3: give a name. In the US version is referred to

336
00:14:56,840 --> 00:15:01,520
Speaker 3: as a former prime minister. In the UK referred to

337
00:15:01,560 --> 00:15:05,000
Speaker 3: as a former minister. Now from what we done, not

338
00:15:05,120 --> 00:15:07,720
Speaker 3: naming names, But if you've been following the story, it's

339
00:15:07,760 --> 00:15:12,040
Speaker 3: not a UK prime minister, it's from elsewhere anyway. Virginia deuphrase,

340
00:15:12,080 --> 00:15:15,240
Speaker 3: longtime lawyer, was on CNN earlier where they were asked

341
00:15:15,240 --> 00:15:15,640
Speaker 3: about it.

342
00:15:16,040 --> 00:15:18,720
Speaker 9: He did not name some of the men that she

343
00:15:18,840 --> 00:15:24,160
Speaker 9: says Epstein trafficked her too, including this quote well known

344
00:15:24,200 --> 00:15:27,280
Speaker 9: prime minister unquote. I know you can't tell me who

345
00:15:27,280 --> 00:15:30,440
Speaker 9: this prime minister is, but is there anyone who knows?

346
00:15:30,480 --> 00:15:33,480
Speaker 9: Did she tell law enforcement? Are there people at the

347
00:15:33,520 --> 00:15:36,240
Speaker 9: Justice Department right now who know who this law who

348
00:15:36,320 --> 00:15:37,720
Speaker 9: know who this prime minister is?

349
00:15:38,080 --> 00:15:41,600
Speaker 10: Absolutely Virginia cooperated with law enforcement from the very beginning,

350
00:15:41,720 --> 00:15:43,280
Speaker 10: as did many of the survivors.

351
00:15:43,360 --> 00:15:46,560
Speaker 3: I mean, she really wanted them to hold the individuals

352
00:15:46,600 --> 00:15:49,720
Speaker 3: who harmed her accountable. Dan Mitchinson is going to be

353
00:15:49,760 --> 00:15:51,680
Speaker 3: with us out of the States shortly to talk us

354
00:15:51,680 --> 00:15:53,520
Speaker 3: through this. Also, we'll get you across this business with

355
00:15:53,560 --> 00:15:55,960
Speaker 3: the Maldi Party and the burning and all the Sure

356
00:15:56,000 --> 00:15:58,560
Speaker 3: Berry's got something to say about that. News is next

357
00:15:58,560 --> 00:15:59,440
Speaker 3: news to zeb.

358
00:16:03,360 --> 00:16:09,200
Speaker 11: Game for new person over again.

359
00:16:10,680 --> 00:16:13,880
Speaker 1: The name you trumped to get the answers you need.

360
00:16:14,080 --> 00:16:18,200
Speaker 1: It's Heather Duplicy Ellen drive with one New Zealand coverage

361
00:16:18,280 --> 00:16:20,280
Speaker 1: like no one else news talks.

362
00:16:20,280 --> 00:16:20,560
Speaker 11: They'd be.

363
00:16:25,280 --> 00:16:31,640
Speaker 3: Doxactly right, like I said, very sobers us and ten

364
00:16:31,680 --> 00:16:33,840
Speaker 3: minutes time now listen on the Malory Party. I hope

365
00:16:33,880 --> 00:16:36,680
Speaker 3: Jerry Brownley doesn't overreact to the fact that they burnt

366
00:16:36,680 --> 00:16:39,000
Speaker 3: the paper on the forecold of Parliament. What the paper

367
00:16:39,200 --> 00:16:41,360
Speaker 3: was was, it was they printed out the bill, the

368
00:16:41,440 --> 00:16:44,680
Speaker 3: maccabill which is now law, and they and they burnt

369
00:16:44,720 --> 00:16:46,120
Speaker 3: it and they chucked it in a little rubbish but

370
00:16:46,240 --> 00:16:49,440
Speaker 3: and anyway, Jerry's got quite irritated by this. He says

371
00:16:49,480 --> 00:16:51,520
Speaker 3: he's taking advice on what to do with it. It's

372
00:16:51,560 --> 00:16:53,800
Speaker 3: the dumbest thing you could possibly do, he said, It's

373
00:16:53,840 --> 00:16:58,400
Speaker 3: highly arrogant, unacceptably irresponsible. And look, I kind of I

374
00:16:58,520 --> 00:17:01,680
Speaker 3: feel his frustration. I think all of us are irritated

375
00:17:01,720 --> 00:17:03,960
Speaker 3: by the Maldi Party because they just they're into stunts

376
00:17:04,000 --> 00:17:06,919
Speaker 3: and not they're not serious people. But what they've I

377
00:17:07,119 --> 00:17:10,080
Speaker 3: just I think this is not the worst thing they've done,

378
00:17:10,160 --> 00:17:12,000
Speaker 3: and it shouldn't be the thing that tips him over

379
00:17:12,040 --> 00:17:15,239
Speaker 3: the edge, right because that it's not like they were

380
00:17:15,240 --> 00:17:17,199
Speaker 3: going to set fire to the building. They had a

381
00:17:17,240 --> 00:17:19,080
Speaker 3: rubbish bin. They put the thing in the rubbish bin.

382
00:17:19,119 --> 00:17:20,800
Speaker 3: It was irritating, but it was not a big deal.

383
00:17:21,200 --> 00:17:24,159
Speaker 3: And when David Cymore drove a vehicle up the steps

384
00:17:24,160 --> 00:17:26,879
Speaker 3: of Parliament, which I would argue is actually worse and

385
00:17:26,920 --> 00:17:29,600
Speaker 3: more dangerous, he didn't get in trouble. Now, bear in mind,

386
00:17:29,640 --> 00:17:32,720
Speaker 3: he did apologize for it, and I highly doubt that

387
00:17:32,720 --> 00:17:35,760
Speaker 3: these two clowns are going to apologize for anything. But regardless,

388
00:17:36,040 --> 00:17:38,679
Speaker 3: I just think this is not the thing to, like,

389
00:17:39,000 --> 00:17:41,160
Speaker 3: you know, bring it all down over anyway. We'll see

390
00:17:41,160 --> 00:17:43,240
Speaker 3: what Barry Soap has got to say in ten minutes time.

391
00:17:43,520 --> 00:17:45,040
Speaker 3: Right now, it's twenty three away from five.

392
00:17:45,640 --> 00:17:48,919
Speaker 1: It's the world wires on newstalks, Eddy Drive.

393
00:17:49,280 --> 00:17:52,400
Speaker 3: So Donald Trump's plan meeting with potenters off. He says

394
00:17:52,440 --> 00:17:54,320
Speaker 3: he may still meet with Potent at some point, but

395
00:17:54,359 --> 00:17:56,280
Speaker 3: he doesn't want the meeting to be a waste of time.

396
00:17:56,760 --> 00:17:59,879
Speaker 3: Russian Foreign Minister Sergei Lavrov has publicly rejected a call

397
00:17:59,920 --> 00:18:02,280
Speaker 3: for European leaders to freeze the current front lines in

398
00:18:02,320 --> 00:18:03,440
Speaker 3: the war with Ukraine.

399
00:18:03,560 --> 00:18:06,639
Speaker 7: If we simply stop, that will mean forgetting about the

400
00:18:06,720 --> 00:18:10,640
Speaker 7: root causes of the conflict, which Donald Trump's administration has

401
00:18:10,760 --> 00:18:12,600
Speaker 7: clearly understood and voiced.

402
00:18:13,160 --> 00:18:15,240
Speaker 3: And the Veep jd Vance wants us all to be

403
00:18:15,280 --> 00:18:17,159
Speaker 3: a little bit more patient. He's in Israel, he was

404
00:18:17,200 --> 00:18:19,560
Speaker 3: asked about the recent breaches of the Garza peace Agreement.

405
00:18:19,760 --> 00:18:22,160
Speaker 10: I don't think it's actually advisable for us to say

406
00:18:22,160 --> 00:18:24,080
Speaker 10: this has to be done in a week, because a

407
00:18:24,119 --> 00:18:26,560
Speaker 10: lot of this work is very hard, it's never been

408
00:18:26,600 --> 00:18:28,639
Speaker 10: done before, and in order for us to give it

409
00:18:28,680 --> 00:18:31,080
Speaker 10: a chance to succeed, we've got to be a little

410
00:18:31,080 --> 00:18:31,840
Speaker 10: bit flexible.

411
00:18:32,600 --> 00:18:38,600
Speaker 3: And finally, a truckload of blueberries has spilled all over

412
00:18:38,640 --> 00:18:42,160
Speaker 3: a major highway in California. The local Highway patrol announced

413
00:18:42,200 --> 00:18:44,760
Speaker 3: on Instagram that they were closing the roll road because

414
00:18:44,760 --> 00:18:48,480
Speaker 3: it was a very sticky situation, which is good for them.

415
00:18:48,520 --> 00:18:50,199
Speaker 3: And I can tell you that based on the photos

416
00:18:50,200 --> 00:18:52,359
Speaker 3: we've checked it out. These blueberries, which is normal sized,

417
00:18:52,600 --> 00:18:53,960
Speaker 3: not those big ping pong ones.

418
00:18:55,000 --> 00:18:58,920
Speaker 1: International correspondence with ends and eye Insurance, peace of mind

419
00:18:58,960 --> 00:18:59,959
Speaker 1: for New Zealand business.

420
00:19:01,119 --> 00:19:04,960
Speaker 3: Jan listens in US correspondence. So that's hello Dan, Hello Heather. Okay,

421
00:19:05,000 --> 00:19:06,080
Speaker 3: So the Putin meetings off?

422
00:19:06,080 --> 00:19:09,000
Speaker 12: Why Yeah, Well, I mean that's a good question, isn't it.

423
00:19:09,000 --> 00:19:11,119
Speaker 12: I think, just like you mentioned in the in the

424
00:19:11,119 --> 00:19:13,200
Speaker 12: World Wires, I think it's just Russia's saying, oh, we're

425
00:19:13,240 --> 00:19:15,119
Speaker 12: not gonna We're not going to stop fighting at the

426
00:19:15,240 --> 00:19:18,399
Speaker 12: at the front line right now. And you know, Donald

427
00:19:18,440 --> 00:19:20,760
Speaker 12: Trump is like, well, why go all the way to

428
00:19:20,840 --> 00:19:23,679
Speaker 12: this next meeting and spend three hours or more talking

429
00:19:23,760 --> 00:19:25,520
Speaker 12: and come out and say, well, we still are at

430
00:19:25,520 --> 00:19:28,399
Speaker 12: a stalemate. Yeah, And it looks like that is you know,

431
00:19:28,440 --> 00:19:29,639
Speaker 12: exactly what would have happened.

432
00:19:29,680 --> 00:19:31,680
Speaker 3: Well, because Putin's gonna keep fighting because he's not getting

433
00:19:31,680 --> 00:19:34,359
Speaker 3: what he wants, right, which is is Zelenski to give

434
00:19:34,400 --> 00:19:34,840
Speaker 3: up land?

435
00:19:35,800 --> 00:19:38,120
Speaker 12: Yeah, yeah, exactly. And I mean I mean he had

436
00:19:38,160 --> 00:19:41,840
Speaker 12: that that call last week with President Trump, and it

437
00:19:41,880 --> 00:19:43,640
Speaker 12: was there was a lot of speculation that we were

438
00:19:43,680 --> 00:19:48,120
Speaker 12: going to send long range Tomahawk missiles over to Ukraine

439
00:19:48,200 --> 00:19:51,120
Speaker 12: and and those are our missiles that Putin doesn't want

440
00:19:51,119 --> 00:19:53,680
Speaker 12: to see because they can go way into Russia and

441
00:19:54,080 --> 00:19:56,040
Speaker 12: Zelensky has said that it was a Tomahawk's issue that

442
00:19:56,040 --> 00:19:58,280
Speaker 12: forced Russia to engage in a discussion. But now apparently

443
00:19:58,280 --> 00:20:00,280
Speaker 12: Putin's saying, oh, no, we're not going to do and

444
00:20:00,280 --> 00:20:02,760
Speaker 12: Trump doesn't want to not come out with something that

445
00:20:02,800 --> 00:20:05,879
Speaker 12: he can sort of spin around as being a successful agreement,

446
00:20:06,000 --> 00:20:08,280
Speaker 12: or at least on the path towards a successful agreement.

447
00:20:08,840 --> 00:20:11,600
Speaker 3: Listen, this business with Virginia Giufrey and the book. Is

448
00:20:11,640 --> 00:20:13,880
Speaker 3: this putting pressure on the law makers in your part

449
00:20:13,880 --> 00:20:15,600
Speaker 3: of the world to release the Epstein files.

450
00:20:16,600 --> 00:20:19,119
Speaker 12: I you know, I don't know. I think this is

451
00:20:19,160 --> 00:20:21,800
Speaker 12: so cyclical. We seem to go through this every couple

452
00:20:21,800 --> 00:20:24,080
Speaker 12: of weeks where there seems to be a big push

453
00:20:24,160 --> 00:20:26,520
Speaker 12: and then something else in the news cycle kind of,

454
00:20:26,880 --> 00:20:29,480
Speaker 12: you know, pushes this out of the way. But again,

455
00:20:29,920 --> 00:20:32,399
Speaker 12: I mean this memoir that just came out, you know,

456
00:20:32,480 --> 00:20:34,320
Speaker 12: she talks about how she was beaten, how she was

457
00:20:34,359 --> 00:20:37,439
Speaker 12: sexually attacked by an unidentified prime minister, and that's got

458
00:20:37,480 --> 00:20:42,119
Speaker 12: a lot of speculation because she said she was fearing

459
00:20:42,119 --> 00:20:46,040
Speaker 12: that she might die a sex slave. And in the meantime,

460
00:20:46,080 --> 00:20:49,760
Speaker 12: you've got Republicans over here that are saying, okay, we've

461
00:20:49,800 --> 00:20:52,880
Speaker 12: got to get former President Clinton into this investigation right

462
00:20:52,920 --> 00:20:55,399
Speaker 12: now because he knew Epstein as well. So now the

463
00:20:55,440 --> 00:20:58,560
Speaker 12: Oversight Committee is trying to work on arranging some kind

464
00:20:58,560 --> 00:21:00,680
Speaker 12: of meeting. It'll be a closed door with the former

465
00:21:00,720 --> 00:21:03,280
Speaker 12: president to see what he knew and when he knew

466
00:21:03,280 --> 00:21:05,719
Speaker 12: it and if there's anything that can actually move this forward.

467
00:21:05,920 --> 00:21:08,680
Speaker 3: Well, hold on the tech. I mean, are they interviewing

468
00:21:08,720 --> 00:21:10,919
Speaker 3: Bill because Bill was kind of mites with people at

469
00:21:10,920 --> 00:21:13,000
Speaker 3: the time, or have they started to frame him up

470
00:21:13,040 --> 00:21:14,440
Speaker 3: as some sort of a suspect.

471
00:21:14,119 --> 00:21:17,840
Speaker 12: You I think they're just trying to talk to him

472
00:21:17,920 --> 00:21:21,920
Speaker 12: because he knew Epstein and that is all that we

473
00:21:22,000 --> 00:21:23,960
Speaker 12: know at this point in time. I think Clinton's going

474
00:21:24,040 --> 00:21:25,600
Speaker 12: to deny. I mean, as he has in the past,

475
00:21:25,720 --> 00:21:28,520
Speaker 12: it was nothing more than a passing acquaintanceship. I mean,

476
00:21:28,600 --> 00:21:32,399
Speaker 12: you know Epstein has got there's pictures with everybody, isn't there.

477
00:21:32,440 --> 00:21:34,560
Speaker 12: I mean, everybody in Hollywood seems to have had their

478
00:21:34,600 --> 00:21:37,440
Speaker 12: picture or at least quite a few people in Hollywood

479
00:21:37,440 --> 00:21:39,760
Speaker 12: and politicians have had their picture with with Epstein at

480
00:21:39,760 --> 00:21:41,840
Speaker 12: one time or another. And it's just the way it

481
00:21:41,920 --> 00:21:43,760
Speaker 12: is when you move in those circles. But how well

482
00:21:43,760 --> 00:21:45,680
Speaker 12: he knew him and what he knew. I mean, that's

483
00:21:45,760 --> 00:21:48,400
Speaker 12: that's what this whole thing made, you know, come out

484
00:21:48,440 --> 00:21:48,920
Speaker 12: and tell us.

485
00:21:49,000 --> 00:21:52,439
Speaker 3: Yeah, okay, Now, the Warner Brothers Paramount deal is an ideal.

486
00:21:53,840 --> 00:21:55,919
Speaker 12: Well no, I mean they wanted they were offering some

487
00:21:56,040 --> 00:21:58,120
Speaker 12: kind of a you know, ridiculous amount of money right

488
00:21:58,320 --> 00:22:02,000
Speaker 12: right now, like you know, you know, basically, people are saying, well,

489
00:22:02,000 --> 00:22:03,960
Speaker 12: why is this such a big deal. They said no

490
00:22:04,000 --> 00:22:06,280
Speaker 12: to a sixty billion dollar offer, by the way, which

491
00:22:06,359 --> 00:22:07,879
Speaker 12: is a heck of a lot of money. But we

492
00:22:08,000 --> 00:22:11,240
Speaker 12: know that streaming has transformed the industry. It's stealing audiences

493
00:22:11,240 --> 00:22:16,240
Speaker 12: away from traditional TV broadcasts, that is sapping advertising revenue.

494
00:22:16,520 --> 00:22:18,600
Speaker 12: So what they're thinking is that any deal that Warner

495
00:22:18,600 --> 00:22:22,040
Speaker 12: Brothers Discovery would give a buyer, you'd have a major studio,

496
00:22:22,200 --> 00:22:24,800
Speaker 12: you'd have a leading streaming service, but you'd also have

497
00:22:24,880 --> 00:22:26,359
Speaker 12: a lot of debt. I think there was you know,

498
00:22:26,400 --> 00:22:28,399
Speaker 12: thirty five to forty million dollars in debt there, so

499
00:22:29,320 --> 00:22:33,040
Speaker 12: Paramount most likely to purchase the company. They're saying, Netflix

500
00:22:33,080 --> 00:22:35,800
Speaker 12: has been in the works. The thing is, streaming services

501
00:22:35,840 --> 00:22:39,240
Speaker 12: are becoming so powerful right now, I mean, and they're

502
00:22:39,320 --> 00:22:42,280
Speaker 12: all raising their rates. Remember how we dumped cable, We

503
00:22:42,320 --> 00:22:44,159
Speaker 12: cut the cord because we said we were tired of

504
00:22:44,160 --> 00:22:46,000
Speaker 12: paying two or three hundred dollars a month for cable.

505
00:22:46,080 --> 00:22:48,760
Speaker 12: We're going to go to streaming services. Now everybody's got six,

506
00:22:48,840 --> 00:22:50,960
Speaker 12: seven or eight different streaming services and you're paying just

507
00:22:51,000 --> 00:22:51,600
Speaker 12: as much.

508
00:22:51,520 --> 00:22:52,640
Speaker 2: Or more as you were.

509
00:22:52,720 --> 00:22:55,639
Speaker 12: So these guys really do hold the strings of this

510
00:22:55,720 --> 00:22:56,600
Speaker 12: thing these days.

511
00:22:56,680 --> 00:22:58,760
Speaker 3: Very good point, actually, they Dan, Thanks very much. Mike

512
00:22:58,840 --> 00:23:01,640
Speaker 3: Dan mentions the uas car respondent eighteen away from.

513
00:23:01,520 --> 00:23:03,800
Speaker 2: Five Heather doups the aether.

514
00:23:03,880 --> 00:23:06,320
Speaker 3: Anyone who lights the fire and those Wins should be arrested.

515
00:23:06,359 --> 00:23:08,520
Speaker 3: You weren't in Wellington yesterday. They have had a recent

516
00:23:08,560 --> 00:23:12,479
Speaker 3: warning about their that terrible behavior. Calm bound jays, what

517
00:23:12,520 --> 00:23:13,760
Speaker 3: was it going to like? Think about it? What was

518
00:23:13,760 --> 00:23:16,160
Speaker 3: it gonna light on fire? The whole of Parliamentary precinct

519
00:23:16,280 --> 00:23:18,320
Speaker 3: is just stone right, I mean it might like look

520
00:23:18,440 --> 00:23:22,159
Speaker 3: chap had a flag. Flags on fire is about the

521
00:23:22,200 --> 00:23:24,000
Speaker 3: end of it. Those Wins were more likely to put

522
00:23:24,000 --> 00:23:26,720
Speaker 3: things out than fan it. Anyway, listen, I got to

523
00:23:26,720 --> 00:23:28,639
Speaker 3: tell you this a bit of drama in Australia about

524
00:23:28,640 --> 00:23:31,040
Speaker 3: two of our coppers. So one of them is our

525
00:23:31,160 --> 00:23:34,040
Speaker 3: very own Mike Busch, who was a former police commissioner

526
00:23:34,160 --> 00:23:37,200
Speaker 3: and the other one is our current police commissioner, Richard Chambers.

527
00:23:37,480 --> 00:23:39,840
Speaker 3: What's happened is they got on a chopper they shouldn't

528
00:23:39,840 --> 00:23:41,320
Speaker 3: have got on. So they had to get to a

529
00:23:41,359 --> 00:23:44,640
Speaker 3: conference in Tasmania on Monday afternoon, presumably taking off from

530
00:23:44,720 --> 00:23:47,560
Speaker 3: Victoria where Mike's running the police at the moment, So

531
00:23:47,600 --> 00:23:50,159
Speaker 3: they used the police helicopter to fly to Tasmania for

532
00:23:50,359 --> 00:23:54,159
Speaker 3: the conference on Monday afternoon. Mike Bush has apologized for

533
00:23:54,160 --> 00:23:55,760
Speaker 3: this because it's not a good look to be using

534
00:23:55,760 --> 00:23:57,440
Speaker 3: a police chopper that's supposed to be out there doing

535
00:23:57,440 --> 00:23:59,679
Speaker 3: operational stuff to fly you and your mate from New

536
00:23:59,720 --> 00:24:03,159
Speaker 3: Zealand over to Tasmania. And he said, look that they

537
00:24:03,160 --> 00:24:05,320
Speaker 3: should have had you had a bit of a harder

538
00:24:05,320 --> 00:24:07,040
Speaker 3: look to see if he could get on a commercial flight.

539
00:24:07,280 --> 00:24:10,520
Speaker 3: But in their defense, and it seems like a fair

540
00:24:10,640 --> 00:24:13,400
Speaker 3: argument for why they did it, the winds and Tasmania

541
00:24:13,400 --> 00:24:16,280
Speaker 3: on Monday were too strong for fixed wing aircraft anyway,

542
00:24:16,440 --> 00:24:20,280
Speaker 3: so that hence the chopper. They were in the backup chopper,

543
00:24:20,440 --> 00:24:22,720
Speaker 3: so it wasn't the frontline chopper. The frontline chopper was

544
00:24:22,720 --> 00:24:24,440
Speaker 3: the one that was going to deal with operational things.

545
00:24:24,440 --> 00:24:25,919
Speaker 3: This was just the one that was sitting there, and

546
00:24:25,960 --> 00:24:28,320
Speaker 3: it didn't cost them anything because the Victorian Police have

547
00:24:28,359 --> 00:24:30,879
Speaker 3: a lease agreement with the chopper provider that gives them

548
00:24:30,880 --> 00:24:33,000
Speaker 3: a certain number of flying hours which would have gone

549
00:24:33,000 --> 00:24:36,240
Speaker 3: to waste otherwise. But as I say, not only was

550
00:24:36,320 --> 00:24:39,080
Speaker 3: our mic on the on the chopper, but so was

551
00:24:39,119 --> 00:24:41,680
Speaker 3: our Richard. So that's the thing, isn't it? Very Sopen

552
00:24:41,720 --> 00:24:42,879
Speaker 3: next sixteen away from.

553
00:24:42,720 --> 00:24:46,320
Speaker 1: Five Politics was centrics credit, check your customers and get

554
00:24:46,320 --> 00:24:47,120
Speaker 1: payments certainty.

555
00:24:47,480 --> 00:24:50,480
Speaker 3: Very Soper, Senior political correspondence with USA Barry Good afternoon

556
00:24:50,480 --> 00:24:52,720
Speaker 3: her that right. So has the mega strike dominated Parliament?

557
00:24:53,359 --> 00:24:57,240
Speaker 13: A lot of questions on not today? Not surprisingly they

558
00:24:57,400 --> 00:25:02,080
Speaker 13: it's reputedly the biggest strike since the late seventies. And

559
00:25:02,119 --> 00:25:04,760
Speaker 13: I remember at that time I was the industrial aroundsman

560
00:25:04,800 --> 00:25:07,920
Speaker 13: at TV and Z and the Federation of Labor were

561
00:25:07,960 --> 00:25:11,760
Speaker 13: calling for tools down on a number of occasions under

562
00:25:11,800 --> 00:25:15,639
Speaker 13: the Muldoon government and they were massive strikes. And this

563
00:25:15,960 --> 00:25:19,040
Speaker 13: is going to be a big one. They're talking more

564
00:25:19,040 --> 00:25:23,680
Speaker 13: than one hundred thousand public sector workers. The main unions

565
00:25:23,720 --> 00:25:28,639
Speaker 13: will be the Public Service Association, the Nurses Organization, Post

566
00:25:28,720 --> 00:25:33,560
Speaker 13: Primary Teachers NZI, one of the biggest union groups that

567
00:25:33,640 --> 00:25:38,359
Speaker 13: will be marching tomorrow around they say thirty six thousand

568
00:25:38,480 --> 00:25:43,600
Speaker 13: nurses who work for the ministry. Their nationwide strike will

569
00:25:43,640 --> 00:25:46,960
Speaker 13: see a complete withdrawal of labor. Now, it was with

570
00:25:47,000 --> 00:25:51,560
Speaker 13: that in mind that the Greens Riccardo Menendez March asked

571
00:25:51,640 --> 00:25:55,080
Speaker 13: the Health Minister Simeon Brown about the safety of our

572
00:25:55,119 --> 00:25:55,920
Speaker 13: health system.

573
00:25:56,160 --> 00:25:59,320
Speaker 14: Since coming into office, this government has edited around two

574
00:25:59,359 --> 00:26:02,159
Speaker 14: thousand more news to the public health system compared to

575
00:26:02,160 --> 00:26:05,360
Speaker 14: twenty twenty three, alongside hundreds of additional doctors fanced back

576
00:26:05,760 --> 00:26:08,800
Speaker 14: via a record additional sixteen pointy sixty eight billion dollars

577
00:26:08,840 --> 00:26:12,800
Speaker 14: investment in health over three budgets, including initiatives focused on

578
00:26:12,840 --> 00:26:16,320
Speaker 14: improving workplace safety and reducing weight lists for patients.

579
00:26:16,600 --> 00:26:19,359
Speaker 15: And theur's this by telling us across the country that

580
00:26:19,400 --> 00:26:23,879
Speaker 15: they're not experiencing safe working conditions as a result of

581
00:26:24,040 --> 00:26:25,240
Speaker 15: current understanffing.

582
00:26:25,359 --> 00:26:28,239
Speaker 14: So the last government allowed weightless to balloon whilst they

583
00:26:28,240 --> 00:26:31,960
Speaker 14: fiddled with a bureaucracy. We're focused on patient for me,

584
00:26:32,280 --> 00:26:33,680
Speaker 14: they're focused on bureaucracy.

585
00:26:34,280 --> 00:26:38,399
Speaker 13: Well, interestingly, the bureaucracy he was talking about then was

586
00:26:38,560 --> 00:26:41,840
Speaker 13: and it was true that during the COVID lockdown, You

587
00:26:42,040 --> 00:26:46,720
Speaker 13: remember they restructured their health workforce and I couldn't understand

588
00:26:46,720 --> 00:26:48,960
Speaker 13: it at the time. What a time to pick to

589
00:26:49,000 --> 00:26:51,960
Speaker 13: do it. But so that sort of bounced back a

590
00:26:51,960 --> 00:26:56,520
Speaker 13: bit on belandez March. But yeah, it's a big strike.

591
00:26:58,520 --> 00:27:04,120
Speaker 13: The government is saying it's political, claiming that unions are

592
00:27:04,160 --> 00:27:08,280
Speaker 13: not taking it seriously, discussing Palestine at one meeting that

593
00:27:08,400 --> 00:27:13,080
Speaker 13: was set up, and they say that it is political. Well,

594
00:27:13,119 --> 00:27:13,639
Speaker 13: who's to know?

595
00:27:13,840 --> 00:27:16,520
Speaker 3: I mean, Barrier, come on, it's clearly political.

596
00:27:16,640 --> 00:27:16,920
Speaker 4: I think.

597
00:27:17,080 --> 00:27:17,280
Speaker 5: Yeah.

598
00:27:18,400 --> 00:27:21,800
Speaker 3: When you have got unions ordinating their strike action to

599
00:27:21,840 --> 00:27:24,199
Speaker 3: one day, and when you have got the association the

600
00:27:24,240 --> 00:27:27,840
Speaker 3: senior doctors who refused to settle in final arbitration but

601
00:27:28,000 --> 00:27:30,120
Speaker 3: rather go on strike, it's clearly political, don't you think.

602
00:27:30,280 --> 00:27:32,480
Speaker 13: Yeah, Well, I guess the members though, have to agree,

603
00:27:32,520 --> 00:27:36,840
Speaker 13: don't they. And whether that's politics, who knows? Certainly from

604
00:27:36,880 --> 00:27:37,919
Speaker 13: the union's point of view.

605
00:27:37,760 --> 00:27:40,560
Speaker 3: No totally fair. Listen, is Jerry going to blow a

606
00:27:40,640 --> 00:27:42,120
Speaker 3: valve over what happened on the Full Court?

607
00:27:42,200 --> 00:27:42,320
Speaker 2: Well?

608
00:27:42,320 --> 00:27:45,920
Speaker 13: I couldn't quite understand why the Speaker got so upset

609
00:27:45,960 --> 00:27:48,520
Speaker 13: about it, because, I mean, it was a silly thing

610
00:27:48,600 --> 00:27:52,280
Speaker 13: to do, no doubt about it. Burning the bill at

611
00:27:53,119 --> 00:27:59,000
Speaker 13: the Marine and you know, burning it in a rubbish

612
00:27:59,000 --> 00:28:01,840
Speaker 13: spin looked pretty amateurs.

613
00:28:02,080 --> 00:28:04,520
Speaker 3: Such a lame protest.

614
00:28:04,720 --> 00:28:07,560
Speaker 13: It was too it was done. It was performative politics

615
00:28:07,880 --> 00:28:11,440
Speaker 13: at its best, and Jerry said that he was considering

616
00:28:11,440 --> 00:28:15,480
Speaker 13: with it to take action over the incident at Parliament.

617
00:28:15,560 --> 00:28:18,439
Speaker 13: But look, I think it's in the debating chamber that

618
00:28:18,520 --> 00:28:20,920
Speaker 13: Jerry's got to worry more about it. I mean outside,

619
00:28:21,359 --> 00:28:24,040
Speaker 13: I mean you see you know, landrovers driving up the

620
00:28:24,080 --> 00:28:26,600
Speaker 13: steps of Parliament, metal the tractor going up at one

621
00:28:26,640 --> 00:28:29,679
Speaker 13: other stage. You know, things have gone on out the

622
00:28:29,720 --> 00:28:33,399
Speaker 13: fore court before, much certainly much worse than what the

623
00:28:33,440 --> 00:28:34,439
Speaker 13: market got up to.

624
00:28:34,560 --> 00:28:36,199
Speaker 3: What's your take on what gold he's going to do

625
00:28:36,200 --> 00:28:37,040
Speaker 3: with the BSA.

626
00:28:37,080 --> 00:28:42,520
Speaker 13: Well, it's fascinating because you know the BSA talk about overreach.

627
00:28:43,080 --> 00:28:46,800
Speaker 13: I mean, you know, they they replied to one complaint

628
00:28:47,320 --> 00:28:51,760
Speaker 13: about Sean Plunket on the platform saying mumbo jumbo that

629
00:28:51,840 --> 00:28:55,080
Speaker 13: ta kanga was and you know it was, it was minor,

630
00:28:55,640 --> 00:28:58,600
Speaker 13: but they took it so seriously, and then they were

631
00:28:59,160 --> 00:29:05,040
Speaker 13: bringing them so many other aspects of broadcasting under their guidance.

632
00:29:05,400 --> 00:29:08,760
Speaker 3: It seems, well, the entire Internet, well.

633
00:29:08,600 --> 00:29:11,520
Speaker 13: You know, I mean it's incredible really talk about overreach

634
00:29:11,560 --> 00:29:15,280
Speaker 13: If you listened to the Broadcasting Minister Paul Goldsmith on

635
00:29:15,320 --> 00:29:18,320
Speaker 13: with Hosking this morning, you would have heard him postulating

636
00:29:18,320 --> 00:29:20,120
Speaker 13: about getting rid of the BSA altogether.

637
00:29:20,840 --> 00:29:21,840
Speaker 2: There's two basic options.

638
00:29:21,920 --> 00:29:24,400
Speaker 16: You could try and extend the reach of the BSA

639
00:29:24,520 --> 00:29:27,680
Speaker 16: to covering all things that look similar, or you could

640
00:29:27,720 --> 00:29:29,560
Speaker 16: just get rid of it entirely and say well that

641
00:29:29,600 --> 00:29:31,720
Speaker 16: the world's moved on. And that is one of the options.

642
00:29:32,000 --> 00:29:34,200
Speaker 16: And so we're working our way through this at the

643
00:29:34,240 --> 00:29:37,440
Speaker 16: moment and we're giving some careful thought to it. There

644
00:29:37,480 --> 00:29:39,200
Speaker 16: was an act that was set up in nineteen eighty

645
00:29:39,280 --> 00:29:41,320
Speaker 16: nine before a whole lot of things have happened and

646
00:29:41,360 --> 00:29:43,480
Speaker 16: nobody's got round to dealing with it, and we are

647
00:29:43,480 --> 00:29:44,280
Speaker 16: going to deal with it.

648
00:29:44,520 --> 00:29:48,400
Speaker 13: See fascinating that because that's quite definite, and the BSA

649
00:29:48,520 --> 00:29:51,440
Speaker 13: could just have written its own death warrant when you consider,

650
00:29:51,720 --> 00:29:54,560
Speaker 13: you know, what they've done as a result of one

651
00:29:54,720 --> 00:29:58,120
Speaker 13: silly little complaint. I've really opened themselves up to all

652
00:29:58,160 --> 00:29:58,960
Speaker 13: sorts of things and.

653
00:29:59,600 --> 00:30:00,720
Speaker 3: Ext lighted Barry.

654
00:30:00,800 --> 00:30:01,160
Speaker 17: That's right.

655
00:30:01,200 --> 00:30:03,640
Speaker 13: They'll be listening to this and there'll be a complaint

656
00:30:03,680 --> 00:30:04,440
Speaker 13: file to them.

657
00:30:04,560 --> 00:30:07,080
Speaker 3: Oh well, one can only hope. One can only hope

658
00:30:07,080 --> 00:30:09,200
Speaker 3: they've never they've never had a complaint about me. Actually,

659
00:30:09,200 --> 00:30:11,520
Speaker 3: they'll be total. They'll be like, who is this person?

660
00:30:11,520 --> 00:30:13,720
Speaker 3: Though I dodn't even know she existed? Barry, Thank you

661
00:30:13,800 --> 00:30:16,360
Speaker 3: very much, Barry So for Senior political correspondent. Eight away

662
00:30:16,400 --> 00:30:17,000
Speaker 3: for five.

663
00:30:17,840 --> 00:30:22,080
Speaker 1: The headlines and the hard questions. It's the Mic Hosking Breakfast.

664
00:30:22,200 --> 00:30:24,080
Speaker 2: In your opinion, how angsty has been.

665
00:30:24,120 --> 00:30:26,479
Speaker 16: Look, there's been quite a lot of quite strong rhetoric

666
00:30:26,640 --> 00:30:30,520
Speaker 16: overnight and in the last couple of days. Overall, most

667
00:30:30,560 --> 00:30:33,080
Speaker 16: people recognize that balance was set. I mean, all the

668
00:30:33,080 --> 00:30:34,960
Speaker 16: New Zealanders have got an interest in what goes on

669
00:30:34,960 --> 00:30:37,560
Speaker 16: on the foresholder in the seabed. We all share this country.

670
00:30:37,640 --> 00:30:38,920
Speaker 2: When you move away from.

671
00:30:38,720 --> 00:30:41,880
Speaker 16: Those basic expectations to the ability as you have under

672
00:30:41,920 --> 00:30:44,920
Speaker 16: this law, if you have custom memrine title to grant

673
00:30:44,920 --> 00:30:47,560
Speaker 16: resource consents in an area for certain things and qual

674
00:30:47,600 --> 00:30:50,280
Speaker 16: lot of you know, quite valuable to rights that there

675
00:30:50,280 --> 00:30:51,440
Speaker 16: was a high threshold for that.

676
00:30:51,680 --> 00:30:54,600
Speaker 2: Reduce that threshold and we're restoring it. So that's the purpose.

677
00:30:55,240 --> 00:30:58,080
Speaker 16: Back tomorrow at six am, the Mic Hosking Breakfast with

678
00:30:58,200 --> 00:31:02,080
Speaker 16: Maybe's real Estate News talk Z be just listen.

679
00:31:02,080 --> 00:31:04,360
Speaker 3: I've got I've got so much to talk you through.

680
00:31:04,360 --> 00:31:06,360
Speaker 3: But this is this that's going to have to wait

681
00:31:06,360 --> 00:31:08,080
Speaker 3: because I've got to tell you about this. So Alex

682
00:31:08,160 --> 00:31:10,720
Speaker 3: sent me an email today and Alex said to me, Heather,

683
00:31:11,160 --> 00:31:14,720
Speaker 3: why is the official PPTA website selling activist toy two

684
00:31:14,760 --> 00:31:17,720
Speaker 3: te tary T shirts? Regards Alex? And I thought, no,

685
00:31:17,840 --> 00:31:20,000
Speaker 3: they're not. I thought, well, I mean this is the

686
00:31:20,040 --> 00:31:23,000
Speaker 3: lot that did want to talk to the ministry about Palestine, so,

687
00:31:23,240 --> 00:31:27,120
Speaker 3: you know, not beyond them. So then I spent five

688
00:31:27,160 --> 00:31:29,440
Speaker 3: minutes of my life I will never get back logging

689
00:31:29,440 --> 00:31:33,760
Speaker 3: onto the PPTA website and finding the merchandise page. Yes,

690
00:31:33,760 --> 00:31:36,320
Speaker 3: they've got merchandise, and going and having look and sure enough,

691
00:31:36,360 --> 00:31:38,600
Speaker 3: can you believe it? They are selling T shirts. They're

692
00:31:38,600 --> 00:31:40,720
Speaker 3: selling toy two tear Toity T T shirts. Why not?

693
00:31:41,320 --> 00:31:41,480
Speaker 5: Now?

694
00:31:41,520 --> 00:31:41,960
Speaker 1: Why not?

695
00:31:42,400 --> 00:31:43,920
Speaker 3: Because I don't know, if you're going to be a

696
00:31:43,920 --> 00:31:46,000
Speaker 3: teacher who wants to wear a political slogan on your front,

697
00:31:46,040 --> 00:31:48,640
Speaker 3: why aren't you wearing you know, something about about educating

698
00:31:48,680 --> 00:31:51,240
Speaker 3: the children. I don't know, like exam excellence, one hundred

699
00:31:51,240 --> 00:31:54,280
Speaker 3: percent attendance, maths is cool, I don't know, take your pick.

700
00:31:54,520 --> 00:31:56,960
Speaker 3: But instead, what they're doing is they're getting themselves distracted

701
00:31:56,960 --> 00:31:59,440
Speaker 3: by toytoo to by the way, it's thirty dollars. So

702
00:31:59,760 --> 00:32:02,440
Speaker 3: and then Sam the producer thought that's actually a bargain

703
00:32:02,640 --> 00:32:04,920
Speaker 3: because it's not the official merchandise. It's sort of like

704
00:32:05,040 --> 00:32:08,720
Speaker 3: it's like a crappy PPTA knockoff version. So Sam the

705
00:32:08,720 --> 00:32:10,760
Speaker 3: producer has bought himself one of those T shirts for

706
00:32:10,800 --> 00:32:12,640
Speaker 3: thirty dollars because he thinks it's going to be quite

707
00:32:13,200 --> 00:32:16,400
Speaker 3: entertaining to He thinks it's going to wind me up.

708
00:32:16,600 --> 00:32:19,040
Speaker 3: But it's not going to wind me up because what

709
00:32:19,200 --> 00:32:22,360
Speaker 3: he fails to realize is I'm very Scottish and I

710
00:32:22,400 --> 00:32:25,480
Speaker 3: love a bargain and I am stoked that he managed

711
00:32:25,520 --> 00:32:28,520
Speaker 3: to get that for thirty dollars and wear it instead

712
00:32:28,560 --> 00:32:30,920
Speaker 3: of putting god knows how much money into the pockets

713
00:32:30,920 --> 00:32:33,800
Speaker 3: of John Tamaheada's family who were selling the T shirts beforehand.

714
00:32:33,840 --> 00:32:34,880
Speaker 3: So anyway, I'm with him on that.

715
00:32:35,040 --> 00:32:36,840
Speaker 6: I'll tell you what I think. Trule to ge him

716
00:32:36,840 --> 00:32:38,280
Speaker 6: to spend thirty dollars on a T shirt that said

717
00:32:38,320 --> 00:32:39,239
Speaker 6: Matt's is cool as well.

718
00:32:39,240 --> 00:32:40,480
Speaker 7: I don't know if those will be flying out there.

719
00:32:40,520 --> 00:32:43,480
Speaker 3: No, this is exactly right. This is exactly right also,

720
00:32:43,600 --> 00:32:45,680
Speaker 3: So we're going to talk to the Public Service Commissioner

721
00:32:45,680 --> 00:32:47,880
Speaker 3: about this, not so much about the T shirts, but

722
00:32:47,880 --> 00:32:49,920
Speaker 3: about the actual mega strike that's happening tomorrow and if

723
00:32:49,920 --> 00:32:52,400
Speaker 3: there's any chance that in the period between now and

724
00:32:52,440 --> 00:32:55,440
Speaker 3: then they may be able to strike a deal to

725
00:32:55,480 --> 00:32:58,360
Speaker 3: call off any of these strikes. Talking to him next. Also,

726
00:32:58,480 --> 00:33:01,440
Speaker 3: there's quite serious concern about measles outbreak at the moment,

727
00:33:01,480 --> 00:33:03,360
Speaker 3: because of course lots of people are There's about four

728
00:33:03,400 --> 00:33:06,239
Speaker 3: people who've reported as having measles and some of them

729
00:33:06,280 --> 00:33:08,480
Speaker 3: we cannot explain how they got it. So the old

730
00:33:08,480 --> 00:33:12,240
Speaker 3: community transmission is happening again. Oh yes, undetective community transmission.

731
00:33:12,760 --> 00:33:15,320
Speaker 3: Nicki Turner, immunization expert, is going to be at us

732
00:33:15,320 --> 00:33:17,640
Speaker 3: shortly on that newstalksb.

733
00:33:17,240 --> 00:33:27,520
Speaker 17: Qusy pressing the newsmakers to get the real story.

734
00:33:27,680 --> 00:33:31,000
Speaker 1: It's Heather duper Zl and drive with one New Zealand

735
00:33:31,040 --> 00:33:32,760
Speaker 1: to coverage like no one else.

736
00:33:33,080 --> 00:33:33,920
Speaker 2: Newstalks be.

737
00:33:35,440 --> 00:33:39,160
Speaker 3: Good afternoon. About one hundred thousand teachers, doctors, nurses, dentists

738
00:33:39,200 --> 00:33:42,040
Speaker 3: and social workers are going on strike tomorrow. Unions have

739
00:33:42,080 --> 00:33:43,840
Speaker 3: had to call off their allies in Wellington and the

740
00:33:43,880 --> 00:33:46,160
Speaker 3: South Island because of the bad weather that's been forecast

741
00:33:46,160 --> 00:33:49,040
Speaker 3: for tomorrow and it's Helbert Mills. Poll out today suggests

742
00:33:49,040 --> 00:33:51,560
Speaker 3: sixty five percent of KEI we support the mega strike,

743
00:33:51,680 --> 00:33:54,040
Speaker 3: twenty five don't, and the twenty five percent don't and

744
00:33:54,080 --> 00:33:56,560
Speaker 3: the rest don't care. Sir Brian Roach is the Public

745
00:33:56,600 --> 00:34:01,440
Speaker 3: Service Commissioner. Hi, Brian, are you still negotiating down to

746
00:34:01,440 --> 00:34:03,240
Speaker 3: the last minute to try to call the strike off?

747
00:34:04,320 --> 00:34:06,560
Speaker 18: No, we haven't been able to negotiate for the best

748
00:34:06,600 --> 00:34:08,840
Speaker 18: part of the last two weeks because we reached the

749
00:34:08,880 --> 00:34:13,719
Speaker 18: decision after the outcome of the PPTA engagement that we

750
00:34:13,719 --> 00:34:16,160
Speaker 18: weren't ever going to be able to reach an agreement

751
00:34:16,280 --> 00:34:19,080
Speaker 18: before the strike happened. People need to get it out

752
00:34:19,080 --> 00:34:21,200
Speaker 18: of their system and then get back to the table.

753
00:34:21,480 --> 00:34:22,759
Speaker 3: What do you mean people have to get it out

754
00:34:22,760 --> 00:34:23,840
Speaker 3: of their system.

755
00:34:24,239 --> 00:34:27,319
Speaker 18: It just seems to me, based on my engagement with

756
00:34:27,360 --> 00:34:30,000
Speaker 18: the unions, that they had to do this for reasons

757
00:34:30,000 --> 00:34:33,480
Speaker 18: that escaped me. I think it was all avoidable. It's

758
00:34:33,520 --> 00:34:37,680
Speaker 18: extremely regrettable we remained it available. This is all a

759
00:34:37,680 --> 00:34:40,520
Speaker 18: matter of public record. We offered to work all weekend

760
00:34:40,680 --> 00:34:43,120
Speaker 18: all of those things. They were rejected, So there was

761
00:34:43,239 --> 00:34:46,200
Speaker 18: just no point to mislead anyone to think we were

762
00:34:46,200 --> 00:34:49,960
Speaker 18: going to get anything done before the strike. The one

763
00:34:50,239 --> 00:34:53,680
Speaker 18: ray of Hope is one of the smaller unions who

764
00:34:53,760 --> 00:34:57,120
Speaker 18: turned up. They were appropriately mandated. We did a deal

765
00:34:57,440 --> 00:34:59,640
Speaker 18: and it's been agreed by their members. They've now got

766
00:34:59,719 --> 00:35:03,399
Speaker 18: cash in their pockets moving on and that's the way

767
00:35:03,440 --> 00:35:06,480
Speaker 18: we need to Those are the principles, right, correct.

768
00:35:06,560 --> 00:35:09,080
Speaker 3: Yeah. Are you surprised by the poll out today that

769
00:35:09,160 --> 00:35:12,480
Speaker 3: suggests that two thirds of Keywis actually support the mega strike?

770
00:35:14,239 --> 00:35:17,440
Speaker 18: I do, But there's a really wide range of views

771
00:35:17,520 --> 00:35:20,799
Speaker 18: about the merits of strikes. I mean, those are all

772
00:35:20,880 --> 00:35:23,719
Speaker 18: very personal. My job is to find a way through

773
00:35:24,080 --> 00:35:27,200
Speaker 18: a bargaining round, which is really challenging. I remain really

774
00:35:27,200 --> 00:35:29,320
Speaker 18: committed to doing that as as my team.

775
00:35:30,320 --> 00:35:32,279
Speaker 3: What do you think about the suggestion of changing the

776
00:35:32,400 --> 00:35:34,920
Speaker 3: law in order to prevent some of the essential workers

777
00:35:34,920 --> 00:35:37,000
Speaker 3: like health workers, from being able to do a strike like.

778
00:35:36,960 --> 00:35:40,560
Speaker 18: This, Well, that's ultimately a matter for the politicians. I

779
00:35:40,600 --> 00:35:43,239
Speaker 18: think there is precedent for that overseas, but you know,

780
00:35:43,400 --> 00:35:46,360
Speaker 18: as I understand it, that's not something that's currently occupying

781
00:35:46,400 --> 00:35:49,480
Speaker 18: the minds of many in a political sense.

782
00:35:50,200 --> 00:35:52,960
Speaker 3: Are you still running those Facebook ads about the strike.

783
00:35:54,640 --> 00:35:57,280
Speaker 18: We have as it today? And you know, once again,

784
00:35:57,320 --> 00:35:59,279
Speaker 18: the background to that is to make sure we use

785
00:35:59,400 --> 00:36:02,560
Speaker 18: all of that channels to get our message out because

786
00:36:02,560 --> 00:36:06,799
Speaker 18: our message has been contorted and I think manipulated by

787
00:36:06,880 --> 00:36:10,920
Speaker 18: various sort of unions. And that's regrettable because we've got

788
00:36:10,920 --> 00:36:12,920
Speaker 18: a very clear conscience of the way we've done this.

789
00:36:13,080 --> 00:36:16,680
Speaker 18: We've approached that professionally. We continue to be available. There

790
00:36:16,680 --> 00:36:19,880
Speaker 18: has not been substantive engagement from our counterparty.

791
00:36:20,480 --> 00:36:22,440
Speaker 3: Brian, you sound really frustrated, are you.

792
00:36:23,960 --> 00:36:27,080
Speaker 18: I'm not overly frustrated. I'm frustrated on behalf of New

793
00:36:27,160 --> 00:36:31,440
Speaker 18: Zealand because we could have avoided all of the inconvenience

794
00:36:31,440 --> 00:36:34,399
Speaker 18: of tomorrow. And that's on other people's conscience, it is

795
00:36:34,440 --> 00:36:37,600
Speaker 18: not on that of the public service. I'm committed to

796
00:36:37,680 --> 00:36:40,080
Speaker 18: making sure that we get an outcome. I want that

797
00:36:40,160 --> 00:36:42,720
Speaker 18: done on a timely basis and I want to avoid

798
00:36:42,840 --> 00:36:43,719
Speaker 18: further disruption.

799
00:36:44,280 --> 00:36:45,799
Speaker 3: So what do you think is going to happen once

800
00:36:45,840 --> 00:36:47,600
Speaker 3: they get the strike out of their systems. Do you

801
00:36:47,600 --> 00:36:49,840
Speaker 3: think a bunch of these agreements are going to be

802
00:36:49,880 --> 00:36:50,760
Speaker 3: wrapped up really quickly?

803
00:36:52,880 --> 00:36:55,840
Speaker 18: I don't know, because it requires two people at the table.

804
00:36:55,920 --> 00:36:58,719
Speaker 18: At the moment, we've really only substantially had one. And

805
00:36:58,920 --> 00:37:00,759
Speaker 18: you know, we have done all the running. We have

806
00:37:00,840 --> 00:37:04,640
Speaker 18: put three offers in front of the PPTA, for instance,

807
00:37:05,080 --> 00:37:07,360
Speaker 18: and we have been unable to get them back to

808
00:37:07,440 --> 00:37:11,200
Speaker 18: the table despite our offers to work day and night

809
00:37:11,280 --> 00:37:14,320
Speaker 18: and weekends. That what's why we made that offer was

810
00:37:14,360 --> 00:37:17,800
Speaker 18: to avoid the disruption last week and the disruption tomorrow.

811
00:37:17,880 --> 00:37:20,640
Speaker 18: The fact that they chose otherwise and didn't even put

812
00:37:20,680 --> 00:37:22,839
Speaker 18: that offer to their members is for them to have

813
00:37:22,920 --> 00:37:26,239
Speaker 18: on their conscience. I'm really clear on that, Brian.

814
00:37:26,280 --> 00:37:28,400
Speaker 3: Thank you very much, sir, Brian Roach, Public Service Commissioner.

815
00:37:28,400 --> 00:37:30,360
Speaker 3: By the way, if it's worth there's a piece in

816
00:37:30,400 --> 00:37:33,280
Speaker 3: the post explaining how hard Brian Roach and his sidetach

817
00:37:33,360 --> 00:37:35,040
Speaker 3: work to try and get these strikes called off. I'm

818
00:37:35,040 --> 00:37:37,200
Speaker 3: going to run you through that before this half hours through.

819
00:37:37,200 --> 00:37:40,000
Speaker 2: It's five to eleven, Heather Duplice Ellen.

820
00:37:40,320 --> 00:37:42,719
Speaker 3: So there are concerns that measles maybe spreading across the

821
00:37:42,719 --> 00:37:45,880
Speaker 3: country undetected, and that's because four cases have been confirmed

822
00:37:45,920 --> 00:37:48,560
Speaker 3: so far, but the health authorities cannot explain how each

823
00:37:48,560 --> 00:37:50,680
Speaker 3: of them, or all of them rather came to be infected.

824
00:37:50,920 --> 00:37:54,040
Speaker 3: Nicki Turner is the medical director at the Immunization Advisory

825
00:37:54,120 --> 00:37:57,960
Speaker 3: centerhind Nikki. Yeah, curtor if it's only four How serious

826
00:37:58,040 --> 00:37:58,239
Speaker 3: is it?

827
00:37:59,080 --> 00:38:02,200
Speaker 19: Yeah? The problem is it so highly infectious, Like it's

828
00:38:02,360 --> 00:38:04,560
Speaker 19: way way more highly infectious than any of our other

829
00:38:04,560 --> 00:38:08,160
Speaker 19: respiratory bugs. So it spreads aerosol. If you're in the

830
00:38:08,160 --> 00:38:10,320
Speaker 19: corner of a room, you'll catch it if you're not immune.

831
00:38:10,400 --> 00:38:14,440
Speaker 19: So if we don't know it came from travel, then

832
00:38:14,520 --> 00:38:16,840
Speaker 19: where did it come from. We do not want this

833
00:38:16,920 --> 00:38:19,400
Speaker 19: bug spreading through our community. That's the problem.

834
00:38:19,480 --> 00:38:21,440
Speaker 3: How's our immunization rad on measles?

835
00:38:22,040 --> 00:38:22,279
Speaker 1: Well?

836
00:38:22,320 --> 00:38:25,279
Speaker 19: The problem is this is across the whole population. So

837
00:38:25,480 --> 00:38:28,759
Speaker 19: currently it's sitting at around or seventy seven to seventy

838
00:38:28,800 --> 00:38:31,120
Speaker 19: eight percent for our young kids, which is not great

839
00:38:31,560 --> 00:38:34,799
Speaker 19: better than it was, but that's just the sort of

840
00:38:34,800 --> 00:38:37,879
Speaker 19: two three year olds. It's across the whole population up

841
00:38:37,880 --> 00:38:41,160
Speaker 19: till people into their mid fifties, and we've historically had

842
00:38:41,200 --> 00:38:46,000
Speaker 19: quite low coverage. There's loads of people walking it around adolescence,

843
00:38:46,160 --> 00:38:49,320
Speaker 19: mid child as a mid adulthood older who may not

844
00:38:49,600 --> 00:38:53,280
Speaker 19: know if they've had vaccination or not. So that's the problem.

845
00:38:53,320 --> 00:38:55,440
Speaker 19: It doesn't just hit the little kids, it's across the

846
00:38:55,440 --> 00:38:56,160
Speaker 19: whole population.

847
00:38:56,480 --> 00:38:58,440
Speaker 3: What do you do, Nikkia? For example, I've got a

848
00:38:58,600 --> 00:39:01,320
Speaker 3: nine month old. She's not ane because the first jabs

849
00:39:01,360 --> 00:39:02,920
Speaker 3: not until a year. What do I do?

850
00:39:03,800 --> 00:39:06,359
Speaker 19: That's right, So the vaccines were effective if you wait

851
00:39:06,400 --> 00:39:08,560
Speaker 19: till over a year. If we did have an outbreak

852
00:39:08,600 --> 00:39:11,719
Speaker 19: in your area and your child was at risk, then

853
00:39:11,760 --> 00:39:14,279
Speaker 19: we do give an extra dose. Under a year. It's

854
00:39:14,280 --> 00:39:17,239
Speaker 19: just not quite so effective. So it's not unsafe. So

855
00:39:17,440 --> 00:39:19,960
Speaker 19: and the the other problem is it's a live vaccine,

856
00:39:20,000 --> 00:39:22,920
Speaker 19: so we can't give it to people with significant problems

857
00:39:22,920 --> 00:39:25,640
Speaker 19: in their immune system, you know, like people on cancer

858
00:39:25,680 --> 00:39:28,040
Speaker 19: treatment and things like that. So this is why it's

859
00:39:28,080 --> 00:39:30,719
Speaker 19: a community argument. We actually need to protect the community.

860
00:39:31,000 --> 00:39:32,880
Speaker 19: It's not just an individual issue.

861
00:39:33,440 --> 00:39:36,120
Speaker 3: NICKI, thanks very much appreciated, doctor Nicki Turner, medical director

862
00:39:36,160 --> 00:39:40,360
Speaker 3: at the Immunization Advisory Center. See how I'm going to

863
00:39:40,440 --> 00:39:43,880
Speaker 3: deal with the climate rules. And about just after half

864
00:39:43,920 --> 00:39:47,320
Speaker 3: past five, so about twenty minutes or so, Auckland's Westmere Butchery.

865
00:39:47,440 --> 00:39:52,040
Speaker 3: Fantastic butcher. Fantastic butcher. People come from all over Auckland

866
00:39:52,360 --> 00:39:54,680
Speaker 3: to go to the Westmere Butchery to go and have

867
00:39:54,760 --> 00:39:57,480
Speaker 3: their sausages and their meat and stuff. I actually sometimes

868
00:39:57,560 --> 00:40:00,319
Speaker 3: dispatch people from my household there to go because I

869
00:40:00,480 --> 00:40:02,239
Speaker 3: you know, other people can do some chools from time

870
00:40:02,239 --> 00:40:05,240
Speaker 3: to time. Anyway, they have just won New Zealand Sausage

871
00:40:05,440 --> 00:40:08,279
Speaker 3: the best Sausage for the fourth time, and this time

872
00:40:08,320 --> 00:40:11,360
Speaker 3: it is a beef and parmesan and truffle sausage. I

873
00:40:11,360 --> 00:40:14,520
Speaker 3: mean it says bourgieas right. Anyway. The interesting thing is

874
00:40:14,560 --> 00:40:16,640
Speaker 3: the butcher has said the best way to cook this

875
00:40:16,680 --> 00:40:20,000
Speaker 3: particular sausage is on the barbecue or to pan fry it.

876
00:40:20,480 --> 00:40:22,880
Speaker 3: Don't cook them too hot, he says, because the skins

877
00:40:22,920 --> 00:40:25,040
Speaker 3: may split, And don't be tempted to prick them because

878
00:40:25,040 --> 00:40:26,400
Speaker 3: you're gonna lose a bit of the flavor because all

879
00:40:26,400 --> 00:40:28,759
Speaker 3: the juices are gonna come out now. And he says, never,

880
00:40:29,120 --> 00:40:31,760
Speaker 3: whatever you do, never cook your sauces in the oven

881
00:40:32,000 --> 00:40:36,560
Speaker 3: because that spoils the saucys. Right, So anyway, can I

882
00:40:36,640 --> 00:40:41,080
Speaker 3: put it out there that, in my humble opinion, he

883
00:40:41,320 --> 00:40:46,880
Speaker 3: is wrong. He's right about absolutely one hundred percent right

884
00:40:46,880 --> 00:40:49,399
Speaker 3: about not pricking, one hundred percent right about not doing

885
00:40:49,440 --> 00:40:51,640
Speaker 3: it with the oven. That's like, what is wrong with

886
00:40:51,680 --> 00:40:54,399
Speaker 3: you people? What is wrong with you? But I think

887
00:40:54,440 --> 00:40:56,319
Speaker 3: you have to poach it. I think the best way

888
00:40:56,320 --> 00:40:58,160
Speaker 3: to cook the saucy is to poach it. Now I'm

889
00:40:58,160 --> 00:41:00,120
Speaker 3: not talking about boiling, which is what the German and

890
00:41:00,120 --> 00:41:02,319
Speaker 3: automatically thought. She's like, oh you boil it. No, you know,

891
00:41:02,480 --> 00:41:04,440
Speaker 3: don't boil it, but you poach it just in a

892
00:41:04,440 --> 00:41:06,319
Speaker 3: little bit of water until the water's gone right, just

893
00:41:06,320 --> 00:41:08,399
Speaker 3: so you douce that saucy up and then you pan

894
00:41:08,520 --> 00:41:10,400
Speaker 3: for it a little bit brown. Because the problem with

895
00:41:10,440 --> 00:41:12,960
Speaker 3: the British sausage, which is what we eat a lot

896
00:41:13,000 --> 00:41:15,759
Speaker 3: of in this country. Problem with the British sausage is

897
00:41:15,800 --> 00:41:18,359
Speaker 3: it's born very dry, isn't it, And so the water

898
00:41:18,760 --> 00:41:20,799
Speaker 3: it just gets a bit of the water. What do

899
00:41:20,840 --> 00:41:24,000
Speaker 3: you think? Bang on Ah? Anyway, Locke, who's British sits

900
00:41:24,040 --> 00:41:25,440
Speaker 3: next to me here in the office, is going home

901
00:41:25,480 --> 00:41:27,000
Speaker 3: to try it this evening and he's going to come

902
00:41:27,000 --> 00:41:29,360
Speaker 3: back to me on that quarter past. Hey, are you

903
00:41:29,400 --> 00:41:31,360
Speaker 3: looking to protect and grow your nest egg? That is

904
00:41:31,440 --> 00:41:34,680
Speaker 3: exactly what FMT does. Investing can, as we all know,

905
00:41:34,719 --> 00:41:37,719
Speaker 3: feel a little overwhelming with so many options available out there,

906
00:41:37,719 --> 00:41:39,960
Speaker 3: but FMT will keep it simple for you, no gimmicks,

907
00:41:40,000 --> 00:41:43,560
Speaker 3: no jargon, just three decades of proven strategies to protect

908
00:41:43,560 --> 00:41:46,160
Speaker 3: what you've built, what you've grown, grow it with care,

909
00:41:46,320 --> 00:41:48,480
Speaker 3: and then give you the peace of mind. Returns from

910
00:41:48,480 --> 00:41:51,879
Speaker 3: their income focused funds consistently deliver a healthy premium over

911
00:41:51,960 --> 00:41:55,840
Speaker 3: to bank term deposits. And get this, in nearly thirty years,

912
00:41:56,280 --> 00:41:59,560
Speaker 3: FMT has never lost a cent of investor capital in

913
00:41:59,600 --> 00:42:01,200
Speaker 3: a world all of ups and downs, that kind of

914
00:42:01,200 --> 00:42:04,360
Speaker 3: consistent track record matters. At FMT. Your nest egg is

915
00:42:04,400 --> 00:42:07,480
Speaker 3: treated like their own nest egg. Their team is always

916
00:42:07,520 --> 00:42:09,800
Speaker 3: just a call away, offering the kind of personal service

917
00:42:10,040 --> 00:42:13,320
Speaker 3: that builds lasting trust. And that is why investors choose FMT.

918
00:42:13,920 --> 00:42:17,000
Speaker 3: FMT proud to protect and grow Kiwi's nest egg since

919
00:42:17,080 --> 00:42:19,920
Speaker 3: nineteen ninety six. GIVEM a call today, Oh eight hundred

920
00:42:20,160 --> 00:42:23,440
Speaker 3: three two one double one three. Past performance isn't a

921
00:42:23,440 --> 00:42:26,480
Speaker 3: reliable indicator of future performance. First Mortgage Managers Limited as

922
00:42:26,520 --> 00:42:28,680
Speaker 3: the issuer and isn't a bank. And for the PDS's

923
00:42:28,960 --> 00:42:30,920
Speaker 3: visit FMT dot co dot NZ.

924
00:42:31,160 --> 00:42:33,520
Speaker 2: Whatever du for clen Heather.

925
00:42:33,360 --> 00:42:34,560
Speaker 3: Air fry all day long.

926
00:42:34,600 --> 00:42:35,479
Speaker 8: Oh dear God.

927
00:42:35,680 --> 00:42:37,360
Speaker 3: Okay, we'll talk about the air fris at some stage

928
00:42:37,360 --> 00:42:39,120
Speaker 3: because this is not on. This is not a cool thing.

929
00:42:39,440 --> 00:42:43,440
Speaker 3: Nineteen past five now and Mount Monganui business has created

930
00:42:43,480 --> 00:42:47,360
Speaker 3: under sea drones that could help protect seafloor cables from sabotage.

931
00:42:47,480 --> 00:42:49,839
Speaker 3: Bay Dynamics, which makes the droneses just being acquired by

932
00:42:49,840 --> 00:42:53,760
Speaker 3: another drone business called Sios Aerospace, and Scios's chief executive,

933
00:42:53,800 --> 00:42:57,120
Speaker 3: Sam Via is with us. Now, Hey Sam, Hey, have

934
00:42:57,120 --> 00:42:59,120
Speaker 3: I hate him? Very well? Thank you? So are you

935
00:42:59,160 --> 00:43:01,239
Speaker 3: actually going to use these roans to monitor what's going

936
00:43:01,280 --> 00:43:02,919
Speaker 3: on with the cables under the sea?

937
00:43:04,960 --> 00:43:05,200
Speaker 5: Yeah?

938
00:43:05,239 --> 00:43:07,279
Speaker 20: So, well, I mean that's obviously one application to it,

939
00:43:07,719 --> 00:43:12,680
Speaker 20: but certainly a very important application which we're seeing, you know,

940
00:43:13,160 --> 00:43:14,839
Speaker 20: a big global demand for right now.

941
00:43:15,000 --> 00:43:16,680
Speaker 3: Why what are we worried about? Are we? Are we

942
00:43:16,719 --> 00:43:20,239
Speaker 3: genuinely worried that sabotage is part of the grab bag

943
00:43:20,280 --> 00:43:21,560
Speaker 3: of things people might do to us?

944
00:43:21,560 --> 00:43:28,280
Speaker 20: Now, obviously our market's global, not just New Zealand, and certainly,

945
00:43:28,960 --> 00:43:34,160
Speaker 20: you know, anyone watching the news in Europe sees will

946
00:43:34,239 --> 00:43:38,640
Speaker 20: see the potential sabotage and the and the nervousness around

947
00:43:38,760 --> 00:43:44,880
Speaker 20: the particularly in the EU, around potential sabotage by hostile

948
00:43:44,960 --> 00:43:51,000
Speaker 20: vessels or potentially vessels from from some certain countries that

949
00:43:51,080 --> 00:43:56,560
Speaker 20: might accidentally drag anchor or intentionally disrupt sea for infrastructure.

950
00:43:57,239 --> 00:43:58,759
Speaker 3: So who are you selling to?

951
00:44:01,120 --> 00:44:01,319
Speaker 5: Yeah?

952
00:44:01,360 --> 00:44:06,600
Speaker 20: So, SIUs is a developer and manufacturer of uncrewed vehicles

953
00:44:06,640 --> 00:44:11,520
Speaker 20: or drones and robotics across both defence and the civil sector,

954
00:44:12,280 --> 00:44:17,000
Speaker 20: predominantly our customers. We have a number of customers in

955
00:44:17,040 --> 00:44:19,960
Speaker 20: Europe and you know, obviously we're in a New Zealand company,

956
00:44:20,040 --> 00:44:24,040
Speaker 20: so we're now setting up on New Zealand production facility

957
00:44:24,120 --> 00:44:28,240
Speaker 20: to also offer the same products to the APAC region.

958
00:44:29,040 --> 00:44:32,520
Speaker 20: And now obviously this acquisition of Adynamics adds another string

959
00:44:32,560 --> 00:44:36,400
Speaker 20: to our bow by being able to offer our customers

960
00:44:36,440 --> 00:44:39,279
Speaker 20: also with subsurface vehicles.

961
00:44:39,680 --> 00:44:41,799
Speaker 3: Sad. Thanks, it's fascinating stuff. Man, beast of luck with

962
00:44:41,840 --> 00:44:45,799
Speaker 3: the business at sam Viai SCIOs Aerospace chief executive. Hither,

963
00:44:45,880 --> 00:44:47,600
Speaker 3: how many were polled in the poll that you mentioned

964
00:44:47,600 --> 00:44:49,600
Speaker 3: before about the Mega strike. Look, I'd be honest with you.

965
00:44:49,640 --> 00:44:51,960
Speaker 3: I was surprised by that number, sixty five percent of

966
00:44:52,000 --> 00:44:55,960
Speaker 3: people supporting the Mega strike. But hey, what can you do?

967
00:44:56,560 --> 00:45:00,560
Speaker 3: Numbers apparently don't lie. Hither you are one hundred percent saucys.

968
00:45:00,600 --> 00:45:02,520
Speaker 3: Thank you. Here the low and slow in the fry

969
00:45:02,560 --> 00:45:05,320
Speaker 3: pan twenty five minutes. It's perfect. Listen, Hither, he's a butcher,

970
00:45:05,800 --> 00:45:07,560
Speaker 3: you're a radio host. He doesn't tell you how to

971
00:45:07,560 --> 00:45:09,600
Speaker 3: do your job. Will listen, mate. Everybody listening to the

972
00:45:09,600 --> 00:45:10,920
Speaker 3: show tells me how to do my job on the

973
00:45:10,920 --> 00:45:12,919
Speaker 3: text machine all the time, So I can't be sure

974
00:45:12,920 --> 00:45:16,120
Speaker 3: that the Westmere Butcher hasn't text in as well. Air fryers,

975
00:45:16,160 --> 00:45:17,840
Speaker 3: I'm going to tell you I don't like the air fryers.

976
00:45:17,840 --> 00:45:19,800
Speaker 3: To problem with the air fryer from what I understand

977
00:45:19,840 --> 00:45:21,920
Speaker 3: from Jason the boss who's constantly trying to pitch his

978
00:45:22,080 --> 00:45:24,520
Speaker 3: latest new fangled thing at me, which is this time

979
00:45:24,520 --> 00:45:27,480
Speaker 3: in air fryer is the I seems to striple your

980
00:45:27,480 --> 00:45:29,399
Speaker 3: fat out. So if you chuck a piece of star

981
00:45:29,440 --> 00:45:30,000
Speaker 3: I don't know what.

982
00:45:29,920 --> 00:45:31,600
Speaker 2: Do you chuck a piece of steak in?

983
00:45:31,800 --> 00:45:33,200
Speaker 3: But if you chuck a piece of steak and then

984
00:45:33,239 --> 00:45:35,080
Speaker 3: all the fat drips down right, then you're eating just

985
00:45:35,120 --> 00:45:36,600
Speaker 3: a lean piece of Well, why would you want to

986
00:45:36,640 --> 00:45:38,719
Speaker 3: do that? What do you don't you want to have

987
00:45:38,760 --> 00:45:41,080
Speaker 3: your yet good fatty stuff because you know the science

988
00:45:41,080 --> 00:45:43,759
Speaker 3: says you need that. Now I rest my case five

989
00:45:43,800 --> 00:45:45,680
Speaker 3: point twenty two on.

990
00:45:45,800 --> 00:45:48,279
Speaker 1: Your smart speaker, on the iHeart app, and in your

991
00:45:48,320 --> 00:45:51,560
Speaker 1: car on your drive home. It's Heather duplicy Ellen drive

992
00:45:51,960 --> 00:45:55,120
Speaker 1: with one New Zealand and the power of satellite mobile

993
00:45:55,320 --> 00:45:56,280
Speaker 1: news talk sad.

994
00:45:56,080 --> 00:45:58,879
Speaker 3: Be hither you're poaching idea isn't the best advice I've

995
00:45:58,920 --> 00:46:01,120
Speaker 3: ever heard. This is probably subject where you should stay

996
00:46:01,160 --> 00:46:03,680
Speaker 3: in your lane. From a chef and restaurant owner for decades,

997
00:46:03,719 --> 00:46:09,400
Speaker 3: regards Grant, Greg AGREEG sorry, thanks Greg, whatever whatever works

998
00:46:09,400 --> 00:46:12,520
Speaker 3: for me. Five twenty five. Now, this business about the

999
00:46:12,600 --> 00:46:14,759
Speaker 3: abuse of traffic workers has been bugging me since that

1000
00:46:14,800 --> 00:46:17,240
Speaker 3: report was released yesterday. You'll recall it. The survey showed

1001
00:46:17,520 --> 00:46:19,799
Speaker 3: two thirds of the country's traffic controllers reckon they cop

1002
00:46:19,880 --> 00:46:23,040
Speaker 3: abuse every week one in five, so they've been physically

1003
00:46:23,080 --> 00:46:25,520
Speaker 3: assaulted in the last year. And yesterday, after the release

1004
00:46:25,560 --> 00:46:28,360
Speaker 3: of the report, quite rightly, the industry called out that

1005
00:46:28,400 --> 00:46:31,040
Speaker 3: behavior and said it needs to stop, which, look, I mean,

1006
00:46:31,080 --> 00:46:33,080
Speaker 3: I think most of us will totally agree with, because

1007
00:46:33,120 --> 00:46:37,920
Speaker 3: there is never an excuse for laying hands. However, before

1008
00:46:37,920 --> 00:46:40,440
Speaker 3: the industry gets too caught up and playing the victim

1009
00:46:40,480 --> 00:46:43,160
Speaker 3: on behalf of the workers who are the actual victims here,

1010
00:46:43,239 --> 00:46:44,880
Speaker 3: they might like to just pause for a moment and

1011
00:46:44,920 --> 00:46:47,440
Speaker 3: think about their role in all of this. I suspect

1012
00:46:47,480 --> 00:46:49,719
Speaker 3: a lot of that bad behavior is driven by frustration

1013
00:46:49,840 --> 00:46:52,960
Speaker 3: at what people see at roadworks. Five hundred thousand cones

1014
00:46:53,000 --> 00:46:55,839
Speaker 3: when four hundred would do one hundred people milling around

1015
00:46:55,880 --> 00:46:58,120
Speaker 3: doing a job that could be done by six sixteen

1016
00:46:58,239 --> 00:47:00,239
Speaker 3: k's of road blocked off for a five hundred met

1017
00:47:00,280 --> 00:47:02,640
Speaker 3: a job. What the industry may not understand is that

1018
00:47:02,680 --> 00:47:06,160
Speaker 3: when motorists drive past that, what they see is waste.

1019
00:47:06,400 --> 00:47:09,240
Speaker 3: Every single one of those road cones now feels like waste,

1020
00:47:09,360 --> 00:47:11,440
Speaker 3: the waste of rate payer money, the waste of their

1021
00:47:11,480 --> 00:47:14,000
Speaker 3: tax payer money. And we know that even now, months

1022
00:47:14,040 --> 00:47:17,240
Speaker 3: after the new rules have been released requiring the councils

1023
00:47:17,280 --> 00:47:19,960
Speaker 3: and the roading authorities in the industry to use fewer cones,

1024
00:47:20,239 --> 00:47:23,600
Speaker 3: some are still using the old rules, which require more cones.

1025
00:47:23,880 --> 00:47:25,879
Speaker 3: So maybe if the industry wants to do its bit

1026
00:47:26,120 --> 00:47:28,480
Speaker 3: to remove some of the agro from the road, they

1027
00:47:28,480 --> 00:47:30,880
Speaker 3: should switch to the new rules. Or maybe they should

1028
00:47:30,920 --> 00:47:33,240
Speaker 3: insist that the local council switches to the new rules.

1029
00:47:33,440 --> 00:47:36,520
Speaker 3: Lay out fewer cones, get the workers working faster, wrap

1030
00:47:36,600 --> 00:47:38,759
Speaker 3: up the job quicker, make it look like they're not

1031
00:47:38,800 --> 00:47:40,880
Speaker 3: taking the mickey, because, like I say, it's not okay

1032
00:47:40,880 --> 00:47:42,960
Speaker 3: to abuse a road worker, but it is also not

1033
00:47:43,080 --> 00:47:45,320
Speaker 3: okay to keep taking the mickey with our money.

1034
00:47:45,640 --> 00:47:47,960
Speaker 2: Ever, do for see Allen Brian Roach.

1035
00:47:47,840 --> 00:47:49,520
Speaker 3: Just get you across as quickly. So there's a piece

1036
00:47:49,520 --> 00:47:52,080
Speaker 3: in the post mega strike, the fiery exchange that derailed

1037
00:47:52,080 --> 00:47:55,600
Speaker 3: the secondary teacher's teacher talks. It's an insight into how

1038
00:47:55,600 --> 00:47:57,960
Speaker 3: hard the Public Service Commissioner worked to stop the strike.

1039
00:47:58,280 --> 00:48:00,200
Speaker 3: It was Frida at the tenth of October, so of

1040
00:48:00,200 --> 00:48:02,560
Speaker 3: weeks ago, and there were messages between Chris Abercrombie, who's

1041
00:48:02,600 --> 00:48:05,000
Speaker 3: the PPTA president, the one with a big beard, and

1042
00:48:05,000 --> 00:48:08,400
Speaker 3: then Brian Roach and then Alex, his sidekick who was

1043
00:48:08,440 --> 00:48:10,680
Speaker 3: doing a lot of the work in the negotiations. Chris

1044
00:48:10,719 --> 00:48:13,359
Speaker 3: thanks them for their work and says the PPTA needs

1045
00:48:13,400 --> 00:48:15,480
Speaker 3: to see a formal offer before they're going to call

1046
00:48:15,520 --> 00:48:17,839
Speaker 3: off the strike. That was at about quarter to two

1047
00:48:17,840 --> 00:48:20,640
Speaker 3: on Friday, he said. The meeting was that night. Alex

1048
00:48:20,680 --> 00:48:23,240
Speaker 3: wrote back an hour later saying she and Brian are traveling.

1049
00:48:23,440 --> 00:48:25,480
Speaker 3: The best they could do before the seven o'clock meeting

1050
00:48:25,520 --> 00:48:28,239
Speaker 3: is to provide a written, without prejudice offer for consideration,

1051
00:48:28,520 --> 00:48:31,520
Speaker 3: which they do at ten to seven, right, and they

1052
00:48:31,600 --> 00:48:33,560
Speaker 3: text them and they say, listen, we've worked really hard

1053
00:48:33,560 --> 00:48:35,239
Speaker 3: this afternoon to get this to you in time for

1054
00:48:35,280 --> 00:48:38,759
Speaker 3: the meeting. And despite that, at the meeting, the PPTA

1055
00:48:38,880 --> 00:48:41,279
Speaker 3: goes ahead with a strike, so I can understand why

1056
00:48:41,280 --> 00:48:43,680
Speaker 3: Brian Roach is feeling quite a bit of frustration. Anyway,

1057
00:48:43,680 --> 00:48:46,000
Speaker 3: Next up, let's talk about the climate reporting rules that

1058
00:48:46,000 --> 00:48:47,960
Speaker 3: have been eased on listed companies today. And then we've

1059
00:48:47,960 --> 00:48:49,680
Speaker 3: got the huddle News Talk ZB.

1060
00:48:53,320 --> 00:48:55,440
Speaker 2: Cutting through the noise to get the facts.

1061
00:48:55,560 --> 00:48:59,040
Speaker 1: It's Heather duper c Ellen drive with one New Zealand

1062
00:48:59,200 --> 00:49:01,640
Speaker 1: coverage like no one else news talks.

1063
00:49:01,640 --> 00:49:12,080
Speaker 2: They'd be two. You've taken me.

1064
00:49:08,719 --> 00:49:10,759
Speaker 3: One hundred standing by. I got Jordan Williams and Jack

1065
00:49:10,800 --> 00:49:13,160
Speaker 3: taymoth Us this evening, I'll tell you what I'll tell

1066
00:49:13,160 --> 00:49:16,040
Speaker 3: you who you wouldn't want to be. Today is the

1067
00:49:16,160 --> 00:49:19,880
Speaker 3: day three in the job CEO of The New Zealand

1068
00:49:19,920 --> 00:49:23,320
Speaker 3: because share price is down more bad news updated the market.

1069
00:49:23,640 --> 00:49:25,880
Speaker 3: Market was originally expected to make a first half profit

1070
00:49:25,920 --> 00:49:27,960
Speaker 3: of up to thirty four million, now predicting a loss

1071
00:49:28,600 --> 00:49:30,800
Speaker 3: of up to fifty five million, which is not flash

1072
00:49:30,800 --> 00:49:34,239
Speaker 3: at all. The New Chap's not talking today, and I

1073
00:49:34,239 --> 00:49:36,520
Speaker 3: can understand why he's not talking today, because who wants

1074
00:49:36,560 --> 00:49:39,120
Speaker 3: to start your job talking to the media about bad news.

1075
00:49:39,400 --> 00:49:41,080
Speaker 3: So we're going to talk to Oliver Mander of the

1076
00:49:41,160 --> 00:49:45,359
Speaker 3: Shareholders Association after six o'clock. However, I am told that

1077
00:49:45,400 --> 00:49:47,319
Speaker 3: the new CHAP is starting a round of get to

1078
00:49:47,320 --> 00:49:51,080
Speaker 3: know me interviews as early as tomorrow morning, with Mike asking.

1079
00:49:51,440 --> 00:49:52,759
Speaker 3: So if you want to know about the new CHAP,

1080
00:49:52,760 --> 00:49:54,200
Speaker 3: you have to tune in and listen to Mike twenty

1081
00:49:54,239 --> 00:49:55,760
Speaker 3: four away from six Heather.

1082
00:49:55,960 --> 00:49:58,000
Speaker 2: Due to ce Allen, the government.

1083
00:49:57,640 --> 00:50:01,480
Speaker 3: Is softening rules that force listed company to disclose their

1084
00:50:01,480 --> 00:50:04,560
Speaker 3: climate risks. Now, the Ardern era law forced the force

1085
00:50:04,640 --> 00:50:06,920
Speaker 3: these companies worth more than sixty million dollars to report

1086
00:50:06,920 --> 00:50:10,000
Speaker 3: climate risks. That's now been changed to only affect companies

1087
00:50:10,000 --> 00:50:12,400
Speaker 3: worth more than a billion dollars. Barry Coates is the

1088
00:50:12,400 --> 00:50:14,879
Speaker 3: founder and the CEO of Mindful Money and is not

1089
00:50:14,960 --> 00:50:17,960
Speaker 3: a fan of these changes. Hi, Barry, Hi, Ever, what

1090
00:50:18,040 --> 00:50:19,040
Speaker 3: don't you like about this?

1091
00:50:20,440 --> 00:50:24,120
Speaker 5: I don't like the way that, in a way, we're

1092
00:50:24,120 --> 00:50:28,440
Speaker 5: stepping backwards on what should be information that should be

1093
00:50:28,520 --> 00:50:33,279
Speaker 5: disclosed by companies and also by managers of Kiwisaber and

1094
00:50:33,360 --> 00:50:37,200
Speaker 5: other funds. We should be telling the investors, the public

1095
00:50:37,400 --> 00:50:41,880
Speaker 5: stakeholders about what their climate impact is and what the

1096
00:50:41,920 --> 00:50:47,840
Speaker 5: climate risk is of the companies and why, because this

1097
00:50:47,960 --> 00:50:52,160
Speaker 5: is valuable information, not only about the climate and what

1098
00:50:52,239 --> 00:50:56,760
Speaker 5: companies are doing. It's vital financial information that climate changes

1099
00:50:57,000 --> 00:50:59,680
Speaker 5: is a real cost. It's a real risk to companies,

1100
00:51:00,200 --> 00:51:05,839
Speaker 5: be physical impacts or transitory impacts, or regulatory impacts, reputational impacts.

1101
00:51:06,160 --> 00:51:08,759
Speaker 5: It's been widely recognized that these are these are kind

1102
00:51:08,800 --> 00:51:10,000
Speaker 5: of substantial risks.

1103
00:51:10,280 --> 00:51:14,359
Speaker 3: Okay about it. Practically, if you're an investor and you're thinking, well,

1104
00:51:14,400 --> 00:51:17,279
Speaker 3: I might buy some shares and Turners, what is going

1105
00:51:17,640 --> 00:51:20,680
Speaker 3: What about what they say about climate is going to

1106
00:51:20,719 --> 00:51:22,560
Speaker 3: make you decide whether you put your money into Turners

1107
00:51:22,600 --> 00:51:22,799
Speaker 3: or not.

1108
00:51:23,719 --> 00:51:28,200
Speaker 5: Well, if Turner's main produce lines are kind of at

1109
00:51:28,400 --> 00:51:32,120
Speaker 5: risk of climate disruption and their supply chains are at

1110
00:51:32,160 --> 00:51:35,920
Speaker 5: risk of climate disruption from adverse weather or events, which

1111
00:51:36,160 --> 00:51:39,839
Speaker 5: of course they are, investors may decide that that their

1112
00:51:39,880 --> 00:51:44,879
Speaker 5: particular kind of supply lines are at a higher risk

1113
00:51:45,000 --> 00:51:47,319
Speaker 5: if they if they talk about that in their in

1114
00:51:47,360 --> 00:51:53,240
Speaker 5: their climate reports. So it gives information to investors to say, well, actually,

1115
00:51:53,239 --> 00:51:56,000
Speaker 5: I'm not sure about the climate risks of Turners. I'm

1116
00:51:56,000 --> 00:51:57,400
Speaker 5: not sure that I want to invest.

1117
00:51:57,800 --> 00:52:00,520
Speaker 3: Do you think people are actually making these It sounds

1118
00:52:00,640 --> 00:52:03,239
Speaker 3: fair enough what you're saying, but it sounds like what

1119
00:52:03,280 --> 00:52:05,239
Speaker 3: we're asking these people to do in order for an

1120
00:52:05,239 --> 00:52:08,120
Speaker 3: investor to make that decision is just extreme, right. I mean,

1121
00:52:08,160 --> 00:52:11,000
Speaker 3: Turners itself said that their first report costs them a

1122
00:52:11,040 --> 00:52:15,120
Speaker 3: million dollars. That feels a little over the top, doesn't it?

1123
00:52:15,120 --> 00:52:18,680
Speaker 5: It does, It does. And you know what we've heard.

1124
00:52:19,120 --> 00:52:21,600
Speaker 5: I hadn't heard that figure from Turners. It sounds like

1125
00:52:21,680 --> 00:52:25,480
Speaker 5: a lot most other companies, but even.

1126
00:52:25,320 --> 00:52:28,120
Speaker 3: Other companies, even other companies as reported by r n Z,

1127
00:52:28,160 --> 00:52:30,080
Speaker 3: we're spending up to two hundred thousand dollars on it.

1128
00:52:30,280 --> 00:52:33,520
Speaker 5: Yeah, yeah, but Heather, you know, the thing is you

1129
00:52:33,960 --> 00:52:36,160
Speaker 5: put the system in place in order to bound to

1130
00:52:36,239 --> 00:52:40,480
Speaker 5: report that requires initial investment. Every year thereafter you're updating

1131
00:52:40,680 --> 00:52:43,759
Speaker 5: the information that goes into those reports, and the first

1132
00:52:43,880 --> 00:52:47,239
Speaker 5: year you're going to have higher costs. After that you're

1133
00:52:47,239 --> 00:52:50,800
Speaker 5: going to have a far reduced a burden of reporting.

1134
00:52:50,840 --> 00:52:54,560
Speaker 5: And that's been shown already from the second year reporting.

1135
00:52:54,760 --> 00:52:58,200
Speaker 5: So you know, this is the time rather than kind

1136
00:52:58,200 --> 00:53:01,400
Speaker 5: of throwing out the regulations, we should be reaping the

1137
00:53:01,400 --> 00:53:03,759
Speaker 5: benefits from from the investments that already made.

1138
00:53:03,880 --> 00:53:07,239
Speaker 3: Rather than saying, what's the risk Barryer of us of

1139
00:53:07,360 --> 00:53:09,719
Speaker 3: us stepping back from this, I.

1140
00:53:09,640 --> 00:53:13,320
Speaker 5: Think two risks. One is that investors and customers and

1141
00:53:14,400 --> 00:53:17,600
Speaker 5: people who who companies do business with or investors do

1142
00:53:17,680 --> 00:53:21,319
Speaker 5: business with, they don't have the right information that is

1143
00:53:21,760 --> 00:53:24,920
Speaker 5: relevant to this decisions they're making. And the second thing

1144
00:53:25,000 --> 00:53:28,680
Speaker 5: is an investment risk that if you're investing in a company,

1145
00:53:28,680 --> 00:53:31,000
Speaker 5: if you're investing in a fund, you're going to want

1146
00:53:31,000 --> 00:53:33,279
Speaker 5: to know about. If you're investing in the kisaver fund,

1147
00:53:33,840 --> 00:53:36,080
Speaker 5: do you want to know whether that company is that

1148
00:53:36,760 --> 00:53:40,120
Speaker 5: keV saver fund is bearing a high climate risk from

1149
00:53:40,160 --> 00:53:41,719
Speaker 5: their portfolio? I would want to know.

1150
00:53:41,920 --> 00:53:44,160
Speaker 3: Can't you just turn up with the annual share can't

1151
00:53:44,200 --> 00:53:46,160
Speaker 3: you turn up to the annual shareholders meeting and ask

1152
00:53:46,200 --> 00:53:46,640
Speaker 3: the question?

1153
00:53:47,600 --> 00:53:50,520
Speaker 5: Unless you've got a regulated system of reporting, what you're

1154
00:53:50,520 --> 00:53:52,759
Speaker 5: probably going to be told. And every time you do

1155
00:53:52,800 --> 00:53:55,239
Speaker 5: it in an AGM is a different story because it's

1156
00:53:55,239 --> 00:53:58,840
Speaker 5: not packed up by a properly regulated reporting system. And

1157
00:53:58,880 --> 00:54:02,279
Speaker 5: that's what that's what this system gives us. It gives

1158
00:54:02,360 --> 00:54:04,880
Speaker 5: us a level playing field for everyone to report on

1159
00:54:04,920 --> 00:54:07,759
Speaker 5: the same basis, and that's really important to be able

1160
00:54:07,760 --> 00:54:09,480
Speaker 5: to compare across these companies.

1161
00:54:09,719 --> 00:54:11,399
Speaker 3: All right, Barry, thank you very much for your time.

1162
00:54:11,440 --> 00:54:14,439
Speaker 3: Barry Coate's Mindful Money founder and CEO. It's twenty away

1163
00:54:14,440 --> 00:54:15,080
Speaker 3: from six.

1164
00:54:15,520 --> 00:54:19,120
Speaker 1: The Huddle with New Zealand Southby's International Realty. Find your

1165
00:54:19,520 --> 00:54:20,240
Speaker 1: one of the kind.

1166
00:54:20,560 --> 00:54:23,280
Speaker 3: On this evening we have Jordan Williams of the Taxpayers

1167
00:54:23,360 --> 00:54:25,000
Speaker 3: Union and Jack Came, the host of Q and A

1168
00:54:25,040 --> 00:54:26,600
Speaker 3: and Saturday mornings here on News Talks.

1169
00:54:26,640 --> 00:54:29,800
Speaker 8: He'd be hire you too, Hi, Jack, Go on, Jordan,

1170
00:54:29,880 --> 00:54:34,680
Speaker 8: you're just nonsense mindful investment? What guy's nonsense on?

1171
00:54:34,960 --> 00:54:35,000
Speaker 5: It?

1172
00:54:35,080 --> 00:54:38,160
Speaker 8: Wasn't he the idea that, you know, with a million

1173
00:54:38,320 --> 00:54:42,120
Speaker 8: dollars for turners to have to disclose this information We're get, well,

1174
00:54:42,120 --> 00:54:43,399
Speaker 8: we're gonna get It's gonna get so.

1175
00:54:43,360 --> 00:54:45,880
Speaker 3: Hot, John with us, I said Joan Withers said in

1176
00:54:45,920 --> 00:54:48,360
Speaker 3: the midway through this year. She said they were spending

1177
00:54:48,440 --> 00:54:51,360
Speaker 3: more time on the climate disclosures than they were on

1178
00:54:51,400 --> 00:54:52,600
Speaker 3: their financial accounts.

1179
00:54:53,040 --> 00:54:56,640
Speaker 8: If this guy Barry was half right, we would have

1180
00:54:56,680 --> 00:54:58,759
Speaker 8: seen an impact on the price of the INSIDEX if

1181
00:54:58,960 --> 00:55:01,920
Speaker 8: investors were so deaf for this information. It is just

1182
00:55:02,040 --> 00:55:06,319
Speaker 8: it really annoys me, these hardcore activists that try to sound, oh,

1183
00:55:06,360 --> 00:55:09,200
Speaker 8: you know, we're all about the market's ballots. Yeah, totally

1184
00:55:10,040 --> 00:55:10,920
Speaker 8: total ballots.

1185
00:55:11,040 --> 00:55:11,320
Speaker 3: Jack.

1186
00:55:12,840 --> 00:55:16,440
Speaker 21: Wow. I was a little more convinced by Barry.

1187
00:55:16,160 --> 00:55:22,239
Speaker 3: Than Jordan was. Well, if you were to.

1188
00:55:22,200 --> 00:55:26,200
Speaker 21: Consider that the first of all, a million dollars way

1189
00:55:26,239 --> 00:55:27,960
Speaker 21: too much for a company like Turners.

1190
00:55:27,960 --> 00:55:29,000
Speaker 7: We all agree on that right.

1191
00:55:29,560 --> 00:55:33,840
Speaker 21: Second of all, the initial regulation, thank you Jack, in

1192
00:55:34,000 --> 00:55:37,480
Speaker 21: establishing the frameworks, the initial investments and establishing the frameworks

1193
00:55:37,480 --> 00:55:40,000
Speaker 21: and the procedures by which you make these disclosures has

1194
00:55:40,080 --> 00:55:42,759
Speaker 21: been made by these companies. Now, if the concern of

1195
00:55:42,800 --> 00:55:46,319
Speaker 21: the government, as they've said today, is that the regulatory

1196
00:55:46,320 --> 00:55:49,080
Speaker 21: burden is too great and these companies aren't as profitable

1197
00:55:49,120 --> 00:55:51,759
Speaker 21: as they should be, well I would have thought at

1198
00:55:51,800 --> 00:55:55,440
Speaker 21: the very least it would be worth trying to quantify

1199
00:55:55,680 --> 00:56:00,680
Speaker 21: our much New Zealand listed companies are under capitalized as

1200
00:56:00,680 --> 00:56:03,520
Speaker 21: a result of not having these kind of disclosures, which

1201
00:56:03,560 --> 00:56:05,720
Speaker 21: could affect investing decisions.

1202
00:56:05,960 --> 00:56:09,760
Speaker 8: Market would have moved and it didn't today a result

1203
00:56:09,840 --> 00:56:12,080
Speaker 8: of this. And also they actually are affected into the

1204
00:56:12,120 --> 00:56:15,720
Speaker 8: accounts because we have a comprehensive emission emissions trading scheme.

1205
00:56:16,440 --> 00:56:18,680
Speaker 8: All of these companies are already paying for their emissions.

1206
00:56:19,320 --> 00:56:22,439
Speaker 21: But it's not just about emissions though, it's about climate risk,

1207
00:56:22,560 --> 00:56:25,160
Speaker 21: right like, so, if climate events are likely to disrupt

1208
00:56:25,160 --> 00:56:28,120
Speaker 21: your profits going forward, if there's some sort of natural

1209
00:56:28,120 --> 00:56:29,840
Speaker 21: event that affects you. That that I mean, that's not

1210
00:56:29,880 --> 00:56:31,000
Speaker 21: covered in the days.

1211
00:56:30,680 --> 00:56:33,880
Speaker 8: It disclosed material risks anyway? Were that? I mean Turners

1212
00:56:33,920 --> 00:56:37,920
Speaker 8: is a great example, like the auction cars. What is

1213
00:56:38,040 --> 00:56:40,239
Speaker 8: is not going to get too hot for cars? I

1214
00:56:40,280 --> 00:56:42,719
Speaker 8: get that from an energy company with which this will

1215
00:56:42,719 --> 00:56:45,640
Speaker 8: be disclosed anyway, because if it's a material financial risk,

1216
00:56:46,120 --> 00:56:49,480
Speaker 8: this is just disclosures for the sake of disclosures. Because

1217
00:56:49,480 --> 00:56:52,319
Speaker 8: for an ideological ram raid.

1218
00:56:53,280 --> 00:56:56,600
Speaker 21: Yeah, I think having having not yet seen the having

1219
00:56:56,680 --> 00:57:01,320
Speaker 21: having not yet seen the evidential basis for changing the threshold.

1220
00:57:01,520 --> 00:57:03,759
Speaker 7: You know, I can't comment too much on.

1221
00:57:03,960 --> 00:57:06,280
Speaker 21: The government's justification for it, but at the very least,

1222
00:57:06,440 --> 00:57:09,279
Speaker 21: if I were an institutional investor, I would want to

1223
00:57:09,280 --> 00:57:14,560
Speaker 21: be able to properly quantify all the rest now and

1224
00:57:14,960 --> 00:57:16,400
Speaker 21: the better way of doing it, I think, is a

1225
00:57:16,400 --> 00:57:16,920
Speaker 21: better way of doing.

1226
00:57:17,000 --> 00:57:19,840
Speaker 3: What I'm seeing here, Jordan is that there is an increase,

1227
00:57:20,160 --> 00:57:24,320
Speaker 3: there is an increased intolerance of climate nonsense like this,

1228
00:57:24,520 --> 00:57:26,760
Speaker 3: what's going on in the world? Why why have we

1229
00:57:26,840 --> 00:57:29,440
Speaker 3: got these the net era banking Alliance blowing up, the

1230
00:57:29,480 --> 00:57:30,960
Speaker 3: insurance version.

1231
00:57:31,360 --> 00:57:34,640
Speaker 8: A generation of bs from politicians saying, oh, look, we're

1232
00:57:34,640 --> 00:57:36,520
Speaker 8: going to get green jobs. You know we're going to

1233
00:57:36,720 --> 00:57:38,600
Speaker 8: we're going to ban oil and gas and be richer

1234
00:57:38,640 --> 00:57:41,479
Speaker 8: and consumers can see straight through it that we're paying,

1235
00:57:41,720 --> 00:57:43,800
Speaker 8: but that energy prices have gone up one hundred and

1236
00:57:43,800 --> 00:57:46,080
Speaker 8: fifty percent. I actually would put to you it's a

1237
00:57:46,200 --> 00:57:51,760
Speaker 8: real risk for Hipkins next year because they will be

1238
00:57:51,880 --> 00:57:54,360
Speaker 8: that National Party will be hoping that they go and

1239
00:57:54,720 --> 00:57:57,520
Speaker 8: continue to ban that oil and gas. And all they

1240
00:57:57,560 --> 00:57:59,800
Speaker 8: have to do is remind New Zealanders can you afford

1241
00:57:59,840 --> 00:58:01,720
Speaker 8: the mega Yeah? And the last time they didn't rely

1242
00:58:01,840 --> 00:58:04,440
Speaker 8: on the greens. You know, they barely can say, well,

1243
00:58:04,480 --> 00:58:06,320
Speaker 8: it's you know, it's a bright future. Don't worry, We're

1244
00:58:06,320 --> 00:58:08,000
Speaker 8: gonna it's going to be solar and wind and do

1245
00:58:08,000 --> 00:58:09,840
Speaker 8: you know what, we're going to create green jobs. The

1246
00:58:10,920 --> 00:58:12,000
Speaker 8: Emperor has no clothes.

1247
00:58:12,240 --> 00:58:14,520
Speaker 3: Totally a realizer, Okay, but I want your take on this, Jack.

1248
00:58:14,560 --> 00:58:17,800
Speaker 3: So is it now that the emperor has no clothes

1249
00:58:17,840 --> 00:58:20,400
Speaker 3: and we can see through this greenwashing nonsense and all

1250
00:58:20,400 --> 00:58:23,080
Speaker 3: the other just that the absolute bollocks of the whole thing,

1251
00:58:23,680 --> 00:58:25,640
Speaker 3: or do you think it is simply that the world

1252
00:58:25,640 --> 00:58:28,320
Speaker 3: has shifted slightly, right, there's an intolerance for it. As

1253
00:58:28,360 --> 00:58:30,040
Speaker 3: soon as the world shifts left again, it's back.

1254
00:58:31,240 --> 00:58:35,440
Speaker 21: I mean, my general sense with politics and culture is

1255
00:58:35,440 --> 00:58:37,160
Speaker 21: that there is a bit of a pendulum of sorts,

1256
00:58:37,240 --> 00:58:40,680
Speaker 21: so things tend to swing back and forth and then

1257
00:58:40,920 --> 00:58:43,400
Speaker 21: and generally settle in the middle somewhere over time. So

1258
00:58:43,480 --> 00:58:46,520
Speaker 21: I think that's probably component. I mean, it's interesting that

1259
00:58:46,520 --> 00:58:49,400
Speaker 21: we're having this conversation. As you know, ten minutes ago,

1260
00:58:49,440 --> 00:58:51,520
Speaker 21: I was looking on my screen of a person literally

1261
00:58:51,600 --> 00:58:55,600
Speaker 21: being blown into the into busy traffic and Welmington, we've

1262
00:58:55,640 --> 00:58:57,280
Speaker 21: had crazy, crazy weather.

1263
00:58:57,960 --> 00:59:01,040
Speaker 3: Well you think it's wondering, Well, it's my dad in

1264
00:59:01,080 --> 00:59:01,960
Speaker 3: the seventies.

1265
00:59:02,360 --> 00:59:08,560
Speaker 21: We yeah, Well, the frequency extreme the frequency with which

1266
00:59:08,600 --> 00:59:12,880
Speaker 21: we see extreme weather events is obviously increasing. That we

1267
00:59:12,880 --> 00:59:14,440
Speaker 21: should have this conversation.

1268
00:59:15,680 --> 00:59:19,600
Speaker 8: From extreme weather events than ever like this is.

1269
00:59:22,600 --> 00:59:25,000
Speaker 21: That's That's not the question though, is the frequency of

1270
00:59:25,360 --> 00:59:29,720
Speaker 21: extreme weather events increasing? What's what's happening to migrant flows

1271
00:59:29,760 --> 00:59:34,560
Speaker 21: from Jordan's being driven by because last I checked, Europe

1272
00:59:34,640 --> 00:59:37,240
Speaker 21: is being overrun by migrants, many of whom are being pushed.

1273
00:59:37,000 --> 00:59:37,840
Speaker 3: Out by a warmer.

1274
00:59:40,200 --> 00:59:45,200
Speaker 21: In Europe climate Europe absolutely, absolutely the two things a link.

1275
00:59:45,400 --> 00:59:48,640
Speaker 21: If you think Europe faces a challenge now with some

1276
00:59:48,680 --> 00:59:51,840
Speaker 21: of the authoritary in leadership, try again in fifty years

1277
00:59:52,080 --> 00:59:54,520
Speaker 21: when you have millions more people coming from one of

1278
00:59:54,560 --> 00:59:57,640
Speaker 21: the most densely populated parts of the world desperately trying

1279
00:59:57,680 --> 00:59:59,640
Speaker 21: to find themselves in the cooler climates so they can

1280
00:59:59,680 --> 01:00:01,600
Speaker 21: actually have prosperity in the m more people.

1281
01:00:01,440 --> 01:00:05,840
Speaker 3: Don't We're going to stop then or not because I

1282
01:00:05,840 --> 01:00:08,240
Speaker 3: am not fascinated by it. I am, but there's heaps

1283
01:00:08,240 --> 01:00:09,600
Speaker 3: moater than we have to talk about, and we're runn

1284
01:00:09,600 --> 01:00:09,920
Speaker 3: out of time.

1285
01:00:11,920 --> 01:00:12,760
Speaker 13: That's where we started.

1286
01:00:12,880 --> 01:00:15,800
Speaker 3: We'll come back just to take fourteen away from six.

1287
01:00:17,520 --> 01:00:21,360
Speaker 1: The huddle with New Zealand Southeby's International Realty, the global

1288
01:00:21,400 --> 01:00:23,120
Speaker 1: leader in luxury real estate.

1289
01:00:23,640 --> 01:00:25,240
Speaker 3: You're back with the huddle. We've got Jack taym and

1290
01:00:25,280 --> 01:00:27,440
Speaker 3: Jordan Williams. Jack, are you surprised by that support for

1291
01:00:27,480 --> 01:00:28,160
Speaker 3: the mega strike?

1292
01:00:29,640 --> 01:00:33,920
Speaker 21: I am, actually a little bit. I think the unions

1293
01:00:34,160 --> 01:00:37,240
Speaker 21: are walking a fine line here personally, and this is

1294
01:00:37,280 --> 01:00:39,440
Speaker 21: based only on kind of vibes at the moment, and

1295
01:00:39,480 --> 01:00:41,680
Speaker 21: that I just think so many people across the private

1296
01:00:41,800 --> 01:00:43,760
Speaker 21: sector are going to say, and the public sector are

1297
01:00:43,760 --> 01:00:46,440
Speaker 21: going to say, you know what, I haven't seen a

1298
01:00:46,480 --> 01:00:49,200
Speaker 21: massive improvement of my wages in the last couple of years.

1299
01:00:49,200 --> 01:00:53,240
Speaker 21: My pay rises have all been behind inflation. You know,

1300
01:00:53,360 --> 01:00:57,440
Speaker 21: my conditions haven't materially improved, and the fact that I

1301
01:00:57,520 --> 01:00:59,439
Speaker 21: now have my children out of school for a day

1302
01:00:59,600 --> 01:01:02,880
Speaker 21: is really frustrating, and if the fact that my operation

1303
01:01:03,040 --> 01:01:07,040
Speaker 21: has been delayed yet again is really frustrating. So while okay,

1304
01:01:07,080 --> 01:01:10,960
Speaker 21: maybe they enjoy the majority public support for tomorrow, like

1305
01:01:11,040 --> 01:01:13,920
Speaker 21: I say, I think it's I think it's a delegate game,

1306
01:01:13,960 --> 01:01:17,080
Speaker 21: and I think the government feels much the same as

1307
01:01:17,120 --> 01:01:20,240
Speaker 21: evidence by Judith Collins open Leater and comments from Simmy

1308
01:01:20,240 --> 01:01:20,680
Speaker 21: and Brown, And.

1309
01:01:20,680 --> 01:01:22,480
Speaker 3: I'm like, yeah, what do you think, Jordan?

1310
01:01:22,840 --> 01:01:24,920
Speaker 8: I agree with Jack, I mean, but yeah, but bang on,

1311
01:01:25,000 --> 01:01:26,960
Speaker 8: I almost want to know. I'm going to do it

1312
01:01:27,160 --> 01:01:29,840
Speaker 8: in a shout out, like my little girl's primary school

1313
01:01:30,400 --> 01:01:33,080
Speaker 8: is not closing tomorrow and a lot of our friends

1314
01:01:33,720 --> 01:01:36,280
Speaker 8: kids don't have school. And I'm so appreciative, although I

1315
01:01:36,280 --> 01:01:39,200
Speaker 8: do your producer is telling me that the weather is

1316
01:01:39,200 --> 01:01:44,320
Speaker 8: seeing all the actual turnouts. Yea, the sleeping in the

1317
01:01:44,360 --> 01:01:47,720
Speaker 8: long weekend, doesn't it. But I can I can tell

1318
01:01:47,760 --> 01:01:51,640
Speaker 8: you exclusively that despite PSA education, ins in education, it's

1319
01:01:51,720 --> 01:01:55,720
Speaker 8: to PPTA celeery, medical species, all these unions that very

1320
01:01:55,800 --> 01:01:58,440
Speaker 8: unfortunately the textpos Union is not on strike.

1321
01:02:00,960 --> 01:02:01,320
Speaker 2: You know what?

1322
01:02:01,320 --> 01:02:03,800
Speaker 3: Can I tell you though? When you guys first set

1323
01:02:03,840 --> 01:02:05,840
Speaker 3: up or we have family members who are very very

1324
01:02:05,960 --> 01:02:09,160
Speaker 3: left and one of them was so angry at you

1325
01:02:09,200 --> 01:02:12,080
Speaker 3: guys for taking the union label like it was visceral.

1326
01:02:12,120 --> 01:02:14,000
Speaker 8: How angry there is a farmer's union in the UK.

1327
01:02:14,080 --> 01:02:16,760
Speaker 8: I mean I also found the Free Speech Union. It

1328
01:02:16,880 --> 01:02:19,080
Speaker 8: is an act.

1329
01:02:19,520 --> 01:02:22,000
Speaker 3: Actually speak about the Free Speech Union in a minute.

1330
01:02:22,000 --> 01:02:22,720
Speaker 3: Thanks for reminding me.

1331
01:02:22,840 --> 01:02:23,080
Speaker 8: Jack.

1332
01:02:23,520 --> 01:02:25,480
Speaker 3: How do you cook a sausage? Best way?

1333
01:02:26,120 --> 01:02:27,640
Speaker 7: Barbecue? No doubt?

1334
01:02:28,040 --> 01:02:30,880
Speaker 21: I think if you're cooking it enjoy you're in trouble.

1335
01:02:32,840 --> 01:02:33,040
Speaker 3: Jack.

1336
01:02:33,120 --> 01:02:34,960
Speaker 8: Or are you a proper charcoal?

1337
01:02:35,520 --> 01:02:38,160
Speaker 21: I'm a gas barbecue man, although it depends if I've

1338
01:02:38,160 --> 01:02:38,800
Speaker 21: got the Persian.

1339
01:02:38,920 --> 01:02:39,840
Speaker 8: If I got the Persian and.

1340
01:02:39,880 --> 01:02:42,200
Speaker 21: Laws around, then we are a charcoal. We have it,

1341
01:02:42,280 --> 01:02:44,760
Speaker 21: and we have we go one step further. There you

1342
01:02:44,800 --> 01:02:47,640
Speaker 21: go when we go charcoal, sometimes of the Persian and

1343
01:02:47,720 --> 01:02:48,640
Speaker 21: lads are around there you go.

1344
01:02:48,760 --> 01:02:49,720
Speaker 7: That's the way to that is?

1345
01:02:49,840 --> 01:02:51,080
Speaker 8: That's what do you reckon?

1346
01:02:51,160 --> 01:02:51,400
Speaker 5: Jordan?

1347
01:02:51,440 --> 01:02:53,560
Speaker 3: How do you cook your snacks? Uh?

1348
01:02:53,600 --> 01:02:57,120
Speaker 22: Well, I've had let's issue, of course, quite the debate

1349
01:02:57,120 --> 01:02:59,480
Speaker 22: in my office because there's a few Brits and they

1350
01:02:59,600 --> 01:03:02,720
Speaker 22: and so that the pork at what you've been through

1351
01:03:02,720 --> 01:03:06,120
Speaker 22: into British sausages is not correct because they insist that

1352
01:03:06,280 --> 01:03:09,360
Speaker 22: actually in Britain it's more around pork sausages, whereas we

1353
01:03:09,480 --> 01:03:12,280
Speaker 22: default to the beef. And so they argue that you

1354
01:03:12,360 --> 01:03:14,280
Speaker 22: need sauce and that led them too the bat because

1355
01:03:14,600 --> 01:03:17,439
Speaker 22: tomato sauce. As you know, my other half is I'm

1356
01:03:17,640 --> 01:03:22,080
Speaker 22: extremely lucky, except because these these people, they walk among us.

1357
01:03:22,880 --> 01:03:26,680
Speaker 8: She has ketchup instead of tomato sauce.

1358
01:03:27,480 --> 01:03:33,080
Speaker 3: I find what I thought it was just the Americans

1359
01:03:33,120 --> 01:03:35,960
Speaker 3: called a ketchup, and we know it is significantly different.

1360
01:03:36,480 --> 01:03:39,280
Speaker 8: The best is what what what you get in Berlin

1361
01:03:39,360 --> 01:03:42,160
Speaker 8: with the curry verse and that delicious sort of mail

1362
01:03:42,280 --> 01:03:44,200
Speaker 8: and where you know.

1363
01:03:44,240 --> 01:03:48,000
Speaker 3: What it is? Look at her face, Hey, thank you

1364
01:03:48,120 --> 01:03:49,680
Speaker 3: very much. Okay, well, so now we're going to find

1365
01:03:49,680 --> 01:03:51,120
Speaker 3: now we've got an issue with the tomato sauce and

1366
01:03:51,120 --> 01:03:53,640
Speaker 3: the ketchup. That was Jordan Williams and Jack tamer Huddle

1367
01:03:53,720 --> 01:03:56,720
Speaker 3: this evening seven away from six, It's.

1368
01:03:56,560 --> 01:04:00,840
Speaker 1: The Heather Duplessy Allen Drive Full Show podcast MYRD Radio

1369
01:04:01,040 --> 01:04:02,440
Speaker 1: powered by News Talk ZB.

1370
01:04:03,920 --> 01:04:07,720
Speaker 3: Heather, that teachers union guy from the PPTA looks like

1371
01:04:07,840 --> 01:04:11,840
Speaker 3: Henry the Eighth now google Henry the Eighth. Don't do it.

1372
01:04:11,880 --> 01:04:13,240
Speaker 3: If you're in the car, google it. If you've got

1373
01:04:13,280 --> 01:04:16,160
Speaker 3: a minute, have a look at him. Then google Chris Abercrombie.

1374
01:04:16,200 --> 01:04:19,440
Speaker 3: Tell me it's not the same person. They look very similar.

1375
01:04:19,840 --> 01:04:23,520
Speaker 3: The BSA situation five away from six. This has got

1376
01:04:23,520 --> 01:04:26,160
Speaker 3: really weird. So you'll be across what's happened with Sean

1377
01:04:26,160 --> 01:04:28,040
Speaker 3: Plunkett and the BSA. Blah blah blah. Sure you know,

1378
01:04:28,080 --> 01:04:29,840
Speaker 3: the BSA just has got a whole bunch of people

1379
01:04:29,880 --> 01:04:31,400
Speaker 3: in their sites so they can't get their little hands

1380
01:04:31,400 --> 01:04:34,920
Speaker 3: over at the minute. So last night apparently somebody went

1381
01:04:35,000 --> 01:04:37,560
Speaker 3: onto the BSA website and there's a little drop down

1382
01:04:37,640 --> 01:04:40,600
Speaker 3: menu which has like a list of broadcasters that you

1383
01:04:40,640 --> 01:04:43,800
Speaker 3: can complain about to the BSA. Anyway, a person clicked

1384
01:04:43,800 --> 01:04:46,080
Speaker 3: on the drop down menu. On the list is the

1385
01:04:46,120 --> 01:04:49,080
Speaker 3: Free Speech Union. Now, the Free Speech Union is not

1386
01:04:49,160 --> 01:04:53,440
Speaker 3: a broadcaster. It's a free speech union, that's all it is. Anyway.

1387
01:04:53,480 --> 01:04:55,560
Speaker 3: So somebody then took a screen grab or whatever called

1388
01:04:55,560 --> 01:04:58,520
Speaker 3: the BSA out on it online, and this morning, very quietly,

1389
01:04:58,920 --> 01:05:02,400
Speaker 3: the BSA just removed the Free Speech Union from that list. Now,

1390
01:05:02,480 --> 01:05:05,320
Speaker 3: who can explain why the BSA did this? It could.

1391
01:05:05,440 --> 01:05:07,360
Speaker 3: It's probably just a mistake. But the problem for the

1392
01:05:07,360 --> 01:05:12,400
Speaker 3: BSA is they look weirder and weirder and more power

1393
01:05:12,480 --> 01:05:14,520
Speaker 3: hungry the more we hear about it, and they're making

1394
01:05:14,560 --> 01:05:16,800
Speaker 3: it much much that the case for getting rid of

1395
01:05:16,840 --> 01:05:20,400
Speaker 3: the BSA becomes more compelling with every weird thing that

1396
01:05:20,440 --> 01:05:22,720
Speaker 3: they do. So keep it up, please, BSA. Now I

1397
01:05:22,800 --> 01:05:24,840
Speaker 3: got to tell you something nice that happened. So yesterday

1398
01:05:25,200 --> 01:05:26,880
Speaker 3: there's really bad weather, right, and so a bunch of

1399
01:05:27,000 --> 01:05:28,960
Speaker 3: MPs from Totrang were trying to get into Wellington on

1400
01:05:29,000 --> 01:05:31,200
Speaker 3: a plane but they couldn't, so they hired a car

1401
01:05:31,240 --> 01:05:33,360
Speaker 3: and they drove the seven hours down. Now seven hours

1402
01:05:33,400 --> 01:05:35,960
Speaker 3: in a car is a long time with people, anybody,

1403
01:05:36,000 --> 01:05:38,480
Speaker 3: even people you like, so it's quite nice to hear

1404
01:05:38,520 --> 01:05:40,200
Speaker 3: there was a bit of a partisanship going on here.

1405
01:05:40,240 --> 01:05:42,240
Speaker 3: There was a couple of people from National, Tom Rutherford

1406
01:05:42,240 --> 01:05:45,720
Speaker 3: and Sam Uffandel who is Cameron Luxton from ACT and

1407
01:05:46,000 --> 01:05:49,080
Speaker 3: Labour's Jantinetti in the car, the four of them, and

1408
01:05:49,080 --> 01:05:51,240
Speaker 3: there's the usual car trip. There are lots of chat,

1409
01:05:51,640 --> 01:05:55,880
Speaker 3: disagreement about the radio stopped for a snack. Stopped in Reperoa,

1410
01:05:56,640 --> 01:06:01,160
Speaker 3: specifically the repioa bakehouse Cafe. Rutherford a mince and cheese pie,

1411
01:06:01,440 --> 01:06:05,160
Speaker 3: Uffendale had pies and chips, Luxton had a jalapeno steak

1412
01:06:05,240 --> 01:06:11,080
Speaker 3: and cheese pie. Jantinetti had a seafood salad, which I

1413
01:06:11,120 --> 01:06:14,160
Speaker 3: am going to say is a brave move from Jantinetti,

1414
01:06:14,640 --> 01:06:19,320
Speaker 3: because a seafood salad is a brave move at any time,

1415
01:06:19,680 --> 01:06:23,840
Speaker 3: but especially when it's coming from a bakehouse in Ripperoa

1416
01:06:24,480 --> 01:06:27,040
Speaker 3: to be eaten in a car. Do you not think

1417
01:06:27,680 --> 01:06:30,640
Speaker 3: she has written a review of it, which I might

1418
01:06:30,680 --> 01:06:32,439
Speaker 3: get to at some stage, But do you not think

1419
01:06:32,520 --> 01:06:35,880
Speaker 3: that's brave? I do Shareholders Association on air using the

1420
01:06:35,920 --> 01:06:37,000
Speaker 3: Next Day.

1421
01:06:39,640 --> 01:06:43,000
Speaker 1: Keeping track of where the money is flowing. The Business

1422
01:06:43,000 --> 01:06:46,400
Speaker 1: hour with hand a duple Sea Alid and Mass for

1423
01:06:46,520 --> 01:06:50,200
Speaker 1: insurance investments and Chewi Saber You're in good hands.

1424
01:06:50,360 --> 01:06:51,240
Speaker 2: News Talk sa'd be.

1425
01:06:54,200 --> 01:06:56,440
Speaker 3: Evening coming up in the next hour. The Greens have

1426
01:06:56,480 --> 01:06:59,840
Speaker 3: been very quiet about the climate disclosure rules softening, which

1427
01:06:59,840 --> 01:07:02,160
Speaker 3: is because it was James Shaw's baby. Do you Native

1428
01:07:02,200 --> 01:07:05,440
Speaker 3: Shranny will explain shortly Milfan Asset Management on the possible

1429
01:07:05,480 --> 01:07:07,640
Speaker 3: AI bubble, and Gavin Gray with the latest on Prince

1430
01:07:07,680 --> 01:07:10,560
Speaker 3: Andrew and his failure to pay rent. It's seven past

1431
01:07:10,640 --> 01:07:13,560
Speaker 3: six now in New Zealand's new chief executive has been

1432
01:07:13,600 --> 01:07:16,400
Speaker 3: in the job for what three days, and already has

1433
01:07:16,400 --> 01:07:18,640
Speaker 3: had to deliver bad news to shareholders. The company has

1434
01:07:18,640 --> 01:07:21,800
Speaker 3: downgraded its first half earnings expectations from a thirty four

1435
01:07:21,840 --> 01:07:24,680
Speaker 3: million dollar profit forecast to an up to fifty five

1436
01:07:24,680 --> 01:07:27,320
Speaker 3: million dollar loss. Oliver Amander is the chief executive of

1437
01:07:27,360 --> 01:07:31,240
Speaker 3: the Shareholders' Association and with US now Hi Oliver, good

1438
01:07:31,240 --> 01:07:33,520
Speaker 3: evening have Is this just a case of really bad

1439
01:07:33,640 --> 01:07:36,840
Speaker 3: luck with the domestic recession in the US competition and

1440
01:07:36,920 --> 01:07:37,960
Speaker 3: the engine problems.

1441
01:07:39,160 --> 01:07:39,600
Speaker 18: Well, that's a.

1442
01:07:39,560 --> 01:07:41,919
Speaker 15: Pretty good summary of what's really been impacting them, Heather.

1443
01:07:42,600 --> 01:07:46,200
Speaker 15: But look these things it's the outcome of some decisions

1444
01:07:46,240 --> 01:07:49,520
Speaker 15: made a long time ago, as is the long term

1445
01:07:49,600 --> 01:07:53,240
Speaker 15: nature of the airline business. Yeah, they're really suffering because

1446
01:07:53,280 --> 01:07:55,880
Speaker 15: of that sort of weak domestic economy in New Zealand.

1447
01:07:56,200 --> 01:07:59,040
Speaker 15: The engine issues are hitting them hard. And the un

1448
01:07:59,080 --> 01:08:02,200
Speaker 15: really unfortunate for them thing is for them that they

1449
01:08:02,640 --> 01:08:06,800
Speaker 15: are working hard to preserve their what capacity they can

1450
01:08:06,960 --> 01:08:09,120
Speaker 15: on their key routes and their key hub in Auckland.

1451
01:08:10,000 --> 01:08:13,080
Speaker 15: But that's not necessarily helping them actually rebound in terms

1452
01:08:13,080 --> 01:08:15,880
Speaker 15: of the growth that's occurring in the wider airline sector.

1453
01:08:16,160 --> 01:08:19,560
Speaker 15: So we are seeing Quantus, for example, utilize their capacity

1454
01:08:19,640 --> 01:08:23,519
Speaker 15: to actually challenging New Zealands and key routes. And yeah,

1455
01:08:23,600 --> 01:08:26,280
Speaker 15: so they that they're they're ruined that the cost, the

1456
01:08:26,320 --> 01:08:28,639
Speaker 15: long term cost of those engine issues and the lack

1457
01:08:28,680 --> 01:08:30,800
Speaker 15: of capacity that that's giving them, and that's really showing

1458
01:08:30,880 --> 01:08:31,639
Speaker 15: up in these results.

1459
01:08:31,680 --> 01:08:33,640
Speaker 3: What are these decisions, these decisions that were made a

1460
01:08:33,640 --> 01:08:35,120
Speaker 3: while ago that you were referring.

1461
01:08:34,720 --> 01:08:38,000
Speaker 15: To, or just in terms of the and this isn't

1462
01:08:38,120 --> 01:08:40,360
Speaker 15: anyone's issue, but it's just those decisions that are related

1463
01:08:40,400 --> 01:08:44,080
Speaker 15: to the plane selection, engine selection and then how that's

1464
01:08:44,080 --> 01:08:45,160
Speaker 15: played out in the longer term.

1465
01:08:45,439 --> 01:08:48,320
Speaker 3: Yes, do you have any concerns about the way the

1466
01:08:48,360 --> 01:08:53,720
Speaker 3: business has been run in recent years? Such as I

1467
01:08:53,800 --> 01:08:55,559
Speaker 3: don't know, No, I'm asking you. I mean, if it

1468
01:08:55,640 --> 01:08:59,360
Speaker 3: is just a case of like a series of unfortunate

1469
01:08:59,360 --> 01:09:01,519
Speaker 3: events that have happened to them, then that is just

1470
01:09:01,520 --> 01:09:03,400
Speaker 3: what it is. Is there anything about the way that

1471
01:09:03,439 --> 01:09:05,200
Speaker 3: it's been run that you're worried about or is it

1472
01:09:05,240 --> 01:09:06,120
Speaker 3: simply the bad luck?

1473
01:09:07,880 --> 01:09:10,080
Speaker 15: I think they've been hit by a perfect storm of events.

1474
01:09:10,160 --> 01:09:12,320
Speaker 15: And whether you call that luck, it probably is more

1475
01:09:12,400 --> 01:09:15,760
Speaker 15: luck than actually decisions that they've made to themselves. And yeah,

1476
01:09:15,880 --> 01:09:20,280
Speaker 15: and that's not been great, great outcome for shareholders. They Yeah,

1477
01:09:20,280 --> 01:09:23,040
Speaker 15: that they have suffered from that lack capacity that's their

1478
01:09:23,040 --> 01:09:25,799
Speaker 15: growth and hindered their ability to actually create some great results.

1479
01:09:27,240 --> 01:09:29,400
Speaker 15: But I think this a little long term impact of this.

1480
01:09:29,720 --> 01:09:32,840
Speaker 15: You know, they have been losing out in terms of

1481
01:09:32,840 --> 01:09:34,760
Speaker 15: the capacity that they've been able to provide on those

1482
01:09:34,840 --> 01:09:37,040
Speaker 15: key routes and there's a long way to come back

1483
01:09:37,080 --> 01:09:40,439
Speaker 15: from that. Yeah, And obviously as competitors that filled that

1484
01:09:40,520 --> 01:09:44,240
Speaker 15: space in New Zealand has effectively lost market share, thinks

1485
01:09:44,240 --> 01:09:46,880
Speaker 15: will be really interested how that long term, how that

1486
01:09:46,920 --> 01:09:48,280
Speaker 15: long term resolution.

1487
01:09:48,120 --> 01:09:50,360
Speaker 3: Which is to say that it's not it's not going

1488
01:09:50,400 --> 01:09:52,280
Speaker 3: to be a quick face. This is a long battle

1489
01:09:52,280 --> 01:09:54,439
Speaker 3: that they've got ahead of them, isn't it.

1490
01:09:54,439 --> 01:09:56,760
Speaker 15: It is a long battle and it's not a quick fix.

1491
01:09:56,800 --> 01:10:00,439
Speaker 15: You're absolutely right. So, and that they have their best

1492
01:10:00,439 --> 01:10:03,599
Speaker 15: to mitigate that. They've leased planes, they've taken other actions

1493
01:10:03,640 --> 01:10:05,719
Speaker 15: that they can at least put some capacity on those routes.

1494
01:10:06,040 --> 01:10:08,960
Speaker 15: But those least planes, those least engines, do come at

1495
01:10:08,960 --> 01:10:11,040
Speaker 15: a cost as well, and that's probably impacting their short

1496
01:10:11,080 --> 01:10:14,240
Speaker 15: term results. So for them right now. It probably does

1497
01:10:14,280 --> 01:10:16,400
Speaker 15: feel a bit like a trade off between results right

1498
01:10:16,439 --> 01:10:19,360
Speaker 15: now in the short term and actually preserving their strength

1499
01:10:19,360 --> 01:10:20,160
Speaker 15: in the longer term.

1500
01:10:20,520 --> 01:10:22,559
Speaker 3: Oliver, while I've got you, do you have any opinion

1501
01:10:22,600 --> 01:10:27,040
Speaker 3: on the softening of the Climate disclosure rules today? Oh?

1502
01:10:27,120 --> 01:10:34,720
Speaker 23: Yes, Look, the issue associated with CRD has really was

1503
01:10:34,760 --> 01:10:37,479
Speaker 23: set back when it was first implemented, and that was

1504
01:10:38,080 --> 01:10:39,960
Speaker 23: really where New Zealand.

1505
01:10:39,640 --> 01:10:42,960
Speaker 15: Took the somewhat unique approach of applying the regime to

1506
01:10:43,120 --> 01:10:48,760
Speaker 15: listed companies only and excluding every other unlisted company. And

1507
01:10:48,800 --> 01:10:53,080
Speaker 15: it's a pretty arbitrary and discriminatory way to base a regime.

1508
01:10:53,640 --> 01:10:57,839
Speaker 15: So essentially that created the conditions where you had regulary

1509
01:10:57,920 --> 01:11:00,600
Speaker 15: arbitrage where private companies did not want list on the

1510
01:11:00,600 --> 01:11:03,120
Speaker 15: exchange in the context of that cost and boss that

1511
01:11:03,200 --> 01:11:06,280
Speaker 15: was coming up. And look, I've got no doubt that

1512
01:11:06,880 --> 01:11:11,800
Speaker 15: relaxing that threshold to by a significant degree will it

1513
01:11:11,840 --> 01:11:14,280
Speaker 15: will help the exchange at least to some extent, but

1514
01:11:14,320 --> 01:11:17,320
Speaker 15: it doesn't take away that fundamental regulatory of charge that exists.

1515
01:11:17,560 --> 01:11:19,280
Speaker 15: And actually what it does do is it puts at

1516
01:11:19,360 --> 01:11:23,479
Speaker 15: risk New Zealand. International investor confidence in New Zealand is

1517
01:11:23,479 --> 01:11:26,920
Speaker 15: a credible place to invest as well. You know, we're

1518
01:11:26,960 --> 01:11:31,760
Speaker 15: walking backwards from those commitments. That's differentiating us from the

1519
01:11:31,800 --> 01:11:34,280
Speaker 15: world in terms of the progress that they're making in

1520
01:11:34,360 --> 01:11:38,080
Speaker 15: terms of their disclosures. That this is a really nuanced argument,

1521
01:11:38,120 --> 01:11:40,960
Speaker 15: and it does feel a bit like the government's taken

1522
01:11:41,120 --> 01:11:45,439
Speaker 15: a very blunt ax to solve what is actually a

1523
01:11:45,520 --> 01:11:46,559
Speaker 15: really nuanced problem.

1524
01:11:46,640 --> 01:11:47,960
Speaker 3: It's good to talk to you, Oliver. Thank you very

1525
01:11:48,040 --> 01:11:52,440
Speaker 3: much appreciated, Oliver Amanda, chief executive of the Shareholders Association.

1526
01:11:52,520 --> 01:11:55,720
Speaker 3: Twelve past six, hever Do for the album. Zesprie has

1527
01:11:55,720 --> 01:11:58,200
Speaker 3: put out a release saying it has won a significant

1528
01:11:58,280 --> 01:12:01,720
Speaker 3: legal victory in China defending the IP rights of New

1529
01:12:01,800 --> 01:12:04,360
Speaker 3: Zealand Kiwi fruit growers. So this was what they were

1530
01:12:04,360 --> 01:12:06,880
Speaker 3: worried about was the unauthorized planting of over two hundred

1531
01:12:06,880 --> 01:12:10,000
Speaker 3: hectares of gold three in the Hubei province, and then

1532
01:12:10,040 --> 01:12:12,599
Speaker 3: the fruit was harvested and sold online. The court has

1533
01:12:12,760 --> 01:12:15,599
Speaker 3: ordered the defendant to remove the two hundred and sixty

1534
01:12:15,640 --> 01:12:19,200
Speaker 3: hectares of infringing plant material and to pay compensation to

1535
01:12:19,360 --> 01:12:23,040
Speaker 3: zespri of about one point two eight million dollar dollars.

1536
01:12:23,080 --> 01:12:25,880
Speaker 3: So yeah, that'll be pretty pleased with that. Heather. I'm

1537
01:12:25,880 --> 01:12:28,520
Speaker 3: striking tomorrow. I love your show, but your current guests

1538
01:12:28,760 --> 01:12:30,960
Speaker 3: Jordan and Jack, thinking that we are asking for too

1539
01:12:31,000 --> 01:12:32,759
Speaker 3: much money, need to be called out. I've just finished

1540
01:12:32,800 --> 01:12:34,840
Speaker 3: my third shift this week, only worked three days more

1541
01:12:34,880 --> 01:12:38,240
Speaker 3: to go. The days have been impossible, stressful, frustrating, a

1542
01:12:38,320 --> 01:12:40,960
Speaker 3: juggle to determine which patient cares are the priority and

1543
01:12:40,960 --> 01:12:42,840
Speaker 3: which are simply not going to happen. I have clocked

1544
01:12:42,920 --> 01:12:45,439
Speaker 3: up five plus hours of voluntary work so far this week,

1545
01:12:45,439 --> 01:12:47,360
Speaker 3: and I'm not able to get away because caring for

1546
01:12:47,360 --> 01:12:50,720
Speaker 3: people is important. I actually think there are I suspect,

1547
01:12:50,760 --> 01:12:52,960
Speaker 3: and I've said this on the show before quite a

1548
01:12:53,000 --> 01:12:55,400
Speaker 3: number of times. I will say it again. I think

1549
01:12:55,400 --> 01:12:57,880
Speaker 3: that there is a difference in the public sympathy for

1550
01:12:58,000 --> 01:13:02,639
Speaker 3: nurses who we see just like that is a crap

1551
01:13:02,760 --> 01:13:05,439
Speaker 3: job nobody wants to do, just for how stressful it is.

1552
01:13:05,720 --> 01:13:07,640
Speaker 3: I think there's a difference in the public sympathy for

1553
01:13:07,680 --> 01:13:12,679
Speaker 3: the nurses as opposed to the secondary school teachers who hmm,

1554
01:13:13,880 --> 01:13:16,280
Speaker 3: maybe not quite well given the leave that they have,

1555
01:13:16,439 --> 01:13:18,960
Speaker 3: may not be quite as stressed out. Thirteen past six

1556
01:13:19,840 --> 01:13:20,759
Speaker 3: It's the Heather.

1557
01:13:20,640 --> 01:13:24,320
Speaker 1: Dupas Allen Drive Full Show podcast on my Heart Radio,

1558
01:13:24,360 --> 01:13:26,120
Speaker 1: empowered by news Dog Zebbi.

1559
01:13:27,280 --> 01:13:30,120
Speaker 3: We were talking about Turner's cars before, right, just talking

1560
01:13:30,160 --> 01:13:32,880
Speaker 3: about Turner's cars. Well, she can too many times in

1561
01:13:32,920 --> 01:13:34,760
Speaker 3: the show, a lot of times in the show, but

1562
01:13:34,800 --> 01:13:38,240
Speaker 3: most recently with the huddle. Well Todd, who runs Turner's Car,

1563
01:13:38,280 --> 01:13:40,600
Speaker 3: his wife was listening and she made him send us

1564
01:13:40,640 --> 01:13:42,479
Speaker 3: an email. So I'm going to read you that email

1565
01:13:42,479 --> 01:13:45,240
Speaker 3: and a teck at sixteen pass six Andrew Curtain, Milford

1566
01:13:45,240 --> 01:13:49,439
Speaker 3: Asset Management is with us. Hello Andrew, afternoon, Heather. Now

1567
01:13:49,520 --> 01:13:50,880
Speaker 3: a lot of us are trying to figure out whether

1568
01:13:50,920 --> 01:13:52,760
Speaker 3: we're in an AI bubble or not. Have we seen

1569
01:13:52,800 --> 01:13:53,679
Speaker 3: signs we might be?

1570
01:13:55,400 --> 01:13:57,880
Speaker 24: Yeah, there's this son to be more and more signs

1571
01:13:57,880 --> 01:14:01,519
Speaker 24: which are a little bit concerning. Just the shared numbers

1572
01:14:01,600 --> 01:14:03,759
Speaker 24: that have been talked about. That's been spent in AI

1573
01:14:03,840 --> 01:14:08,880
Speaker 24: at the moment is becoming quite outstanding. So globally we're

1574
01:14:08,880 --> 01:14:12,240
Speaker 24: talking about six hundred billion dollars been invested in AI

1575
01:14:12,439 --> 01:14:13,160
Speaker 24: data centers.

1576
01:14:13,160 --> 01:14:13,720
Speaker 2: So these are the.

1577
01:14:13,680 --> 01:14:17,000
Speaker 24: Data centers that are full of these super chips which

1578
01:14:17,600 --> 01:14:20,080
Speaker 24: run the AI models. And but that number is expected

1579
01:14:20,439 --> 01:14:23,479
Speaker 24: generally by the market to go to over one trillion

1580
01:14:23,120 --> 01:14:25,120
Speaker 24: per per annum over the next couple of years. And

1581
01:14:25,160 --> 01:14:27,880
Speaker 24: if you believe the CEO of DA Video Agents and

1582
01:14:27,920 --> 01:14:31,360
Speaker 24: Huang he's talking about three to four trillion annually been

1583
01:14:31,439 --> 01:14:33,200
Speaker 24: spent by the end of the year. So that's that's

1584
01:14:33,240 --> 01:14:34,760
Speaker 24: around two and a half percent.

1585
01:14:34,479 --> 01:14:35,519
Speaker 2: Of the global GDP.

1586
01:14:35,720 --> 01:14:38,559
Speaker 24: So it's just three incredible numbers that you're talking about.

1587
01:14:38,680 --> 01:14:40,280
Speaker 24: And then so amongst that, you're getting a lot of

1588
01:14:40,280 --> 01:14:43,840
Speaker 24: stock prices which are and then certain companies which are

1589
01:14:44,000 --> 01:14:47,280
Speaker 24: which are flying very high, up sort of one hundred

1590
01:14:47,280 --> 01:14:49,920
Speaker 24: percent this year, up over a couple hundred percent over

1591
01:14:49,960 --> 01:14:52,120
Speaker 24: a couple of years. So it's kind of a few

1592
01:14:52,120 --> 01:14:54,400
Speaker 24: are the signs that of a bubble and a lot

1593
01:14:54,400 --> 01:14:58,559
Speaker 24: of st deals happening into between companies. Open ais signing

1594
01:14:58,600 --> 01:15:00,840
Speaker 24: deals with all sorts of companies, So this is becoming

1595
01:15:00,840 --> 01:15:01,919
Speaker 24: a little bit more concerned.

1596
01:15:02,240 --> 01:15:03,880
Speaker 3: So are you going to make a call whether we're

1597
01:15:03,880 --> 01:15:05,320
Speaker 3: in an AI bubble or not.

1598
01:15:07,120 --> 01:15:10,439
Speaker 24: It's a really, really difficult question to answer because one

1599
01:15:10,439 --> 01:15:15,040
Speaker 24: of those ones, that's if the technolo if ao technology

1600
01:15:15,240 --> 01:15:17,880
Speaker 24: ends up delivering on what it's hyped to be, and

1601
01:15:17,920 --> 01:15:20,040
Speaker 24: so what the people like Sam Oltman from open AI

1602
01:15:20,160 --> 01:15:22,240
Speaker 24: and Jensen onanqun never have it does what they say

1603
01:15:22,240 --> 01:15:25,200
Speaker 24: it's going to do, Then you can probably justify what's

1604
01:15:25,240 --> 01:15:27,920
Speaker 24: going on, right, But the problem is doesn't meet those

1605
01:15:27,960 --> 01:15:30,200
Speaker 24: expectations over the next few years. And if it falls

1606
01:15:30,200 --> 01:15:32,920
Speaker 24: short of those expectations, if all of a sudden, AI

1607
01:15:33,080 --> 01:15:36,559
Speaker 24: isn't the game changing technology we thought it was going

1608
01:15:36,600 --> 01:15:38,559
Speaker 24: to be and it does all the jobs for us

1609
01:15:38,600 --> 01:15:41,000
Speaker 24: and we can focus on important tasks rather than doing

1610
01:15:41,040 --> 01:15:45,680
Speaker 24: sort of time intensive data processing tasks, then then then

1611
01:15:45,720 --> 01:15:47,600
Speaker 24: all this, all this investment is probably going to be

1612
01:15:47,600 --> 01:15:50,080
Speaker 24: overdone and they will prove to be a bubble. But

1613
01:15:50,520 --> 01:15:53,000
Speaker 24: one of the challenges, and that you sort of have

1614
01:15:53,080 --> 01:15:57,200
Speaker 24: them trying to sort of time time sort when when

1615
01:15:57,240 --> 01:15:59,720
Speaker 24: the spending might slow down, is actually looking at the

1616
01:15:59,760 --> 01:16:03,080
Speaker 24: companies that are doing the spending. And in previous technology cycles,

1617
01:16:03,640 --> 01:16:05,960
Speaker 24: it was funded by companies that maybe weren't quite as

1618
01:16:06,000 --> 01:16:08,200
Speaker 24: strong as what the ones are doing today. So the

1619
01:16:08,240 --> 01:16:10,160
Speaker 24: company is spending the most in AI are the likes

1620
01:16:10,200 --> 01:16:14,240
Speaker 24: of Microsoft, Amazon, Google, Meta. You're talking about multi trillion

1621
01:16:14,280 --> 01:16:17,240
Speaker 24: dollar companies with hundreds of billions that does the cash

1622
01:16:17,280 --> 01:16:19,680
Speaker 24: on their balance sheet And if they want and they

1623
01:16:19,680 --> 01:16:21,800
Speaker 24: do believe in this technology at the moment, you listen

1624
01:16:21,840 --> 01:16:24,160
Speaker 24: to the CEOs and they absolutely believe.

1625
01:16:23,920 --> 01:16:24,640
Speaker 2: In the technology.

1626
01:16:24,680 --> 01:16:26,519
Speaker 24: So if they want to increase this spending, they can

1627
01:16:26,560 --> 01:16:28,559
Speaker 24: easily do that. And if they decide to do that,

1628
01:16:28,640 --> 01:16:31,280
Speaker 24: then the share prices may well keep going up in.

1629
01:16:31,200 --> 01:16:32,120
Speaker 2: A lot of these companies.

1630
01:16:32,479 --> 01:16:34,439
Speaker 3: So what are the developments that you're going to be

1631
01:16:34,439 --> 01:16:36,720
Speaker 3: looking out for in the I don't know. Let's say

1632
01:16:36,720 --> 01:16:37,720
Speaker 3: the coming weeks.

1633
01:16:39,840 --> 01:16:42,080
Speaker 24: Right now, we've got the results seasons kicking off in

1634
01:16:42,160 --> 01:16:45,960
Speaker 24: the US next week. In the space of two days,

1635
01:16:46,080 --> 01:16:48,760
Speaker 24: we have all the largest technology companies in the world

1636
01:16:48,840 --> 01:16:52,400
Speaker 24: reporting results, So Microsoft, Amazon, Google.

1637
01:16:52,040 --> 01:16:52,759
Speaker 2: Meta, and Apple.

1638
01:16:53,720 --> 01:16:55,880
Speaker 24: Now, what the market's going to be really focused on

1639
01:16:56,000 --> 01:16:59,120
Speaker 24: is what they say one about AI and the technology.

1640
01:16:59,160 --> 01:17:00,800
Speaker 24: And I think it's pretty much given that they're all

1641
01:17:00,800 --> 01:17:02,640
Speaker 24: going to say the technology is great and it's going

1642
01:17:02,640 --> 01:17:05,479
Speaker 24: to change the world. But do they follow that through

1643
01:17:05,840 --> 01:17:09,040
Speaker 24: with a big increase in capital spending expectations?

1644
01:17:09,040 --> 01:17:11,080
Speaker 2: So do they come out and say, oh, look.

1645
01:17:10,880 --> 01:17:14,320
Speaker 24: We're going to now increase sell AI data center investments

1646
01:17:14,320 --> 01:17:16,519
Speaker 24: by another ten to twenty billion dollars versus what we

1647
01:17:16,600 --> 01:17:17,599
Speaker 24: told you three months ago.

1648
01:17:17,680 --> 01:17:18,280
Speaker 2: And if they do.

1649
01:17:18,320 --> 01:17:21,000
Speaker 24: That, that might give the market leads to continue. The

1650
01:17:21,120 --> 01:17:24,000
Speaker 24: risk is the market sort of is expecting them to

1651
01:17:24,040 --> 01:17:26,400
Speaker 24: do to come out with that statement, and if they're

1652
01:17:26,400 --> 01:17:28,600
Speaker 24: a bit softer than expected then that could spook the

1653
01:17:28,640 --> 01:17:29,759
Speaker 24: market and you actually get.

1654
01:17:29,600 --> 01:17:30,120
Speaker 2: A sell off.

1655
01:17:30,680 --> 01:17:32,479
Speaker 3: Very interesting stuff, Andrew, thank you so much. It's a

1656
01:17:32,479 --> 01:17:35,080
Speaker 3: fascinating topic. I'm looking forward to seeing how this plays out.

1657
01:17:35,240 --> 01:17:41,240
Speaker 3: Andrew Curtain Milford Asset Management. Now Prince Andrew, so as

1658
01:17:41,320 --> 01:17:43,760
Speaker 3: you if you will listen to the show yesterday you

1659
01:17:43,800 --> 01:17:45,960
Speaker 3: will have heard Enderset It had just dropped the news

1660
01:17:46,000 --> 01:17:48,840
Speaker 3: that Prince Andrew was living in fact in the Royal

1661
01:17:48,920 --> 01:17:51,560
Speaker 3: Lodge rent free. Well that has gone down like a

1662
01:17:51,640 --> 01:17:54,640
Speaker 3: couple cold sick in the UK. And now MP's are

1663
01:17:54,640 --> 01:17:57,080
Speaker 3: saying he should be hauled before Parliament to justify living

1664
01:17:57,160 --> 01:17:59,400
Speaker 3: rent free in the mansion. And here's Robert Jenrick, who's

1665
01:17:59,400 --> 01:18:01,439
Speaker 3: the shadow, just the secretary, and he was not mincing

1666
01:18:01,479 --> 01:18:02,240
Speaker 3: his words on the BEB.

1667
01:18:02,560 --> 01:18:06,760
Speaker 25: I think that he has behaved disgracefully. He's embarrassed the

1668
01:18:06,840 --> 01:18:11,280
Speaker 25: Royal family time and again. He should really now leave

1669
01:18:11,360 --> 01:18:18,440
Speaker 25: public life forever, stop having any subsidy from the taxpayer whatsoever,

1670
01:18:18,960 --> 01:18:21,639
Speaker 25: and go and lead an entirely private life. The public

1671
01:18:21,680 --> 01:18:24,679
Speaker 25: are sick of Prince Andrew and the damage that he's

1672
01:18:24,720 --> 01:18:28,479
Speaker 25: done to the reputation of our role family and this country.

1673
01:18:29,240 --> 01:18:31,360
Speaker 3: And he reckons Andrew should give evidence about what he

1674
01:18:31,400 --> 01:18:32,559
Speaker 3: knew about Epstein's abuse.

1675
01:18:32,800 --> 01:18:34,720
Speaker 25: We should be worried about though, as you rightly say,

1676
01:18:34,720 --> 01:18:38,920
Speaker 25: are the victims of Jeffrey Epstein this appalling scandal and

1677
01:18:38,960 --> 01:18:42,879
Speaker 25: they deserve answers and justice. If that involves Prince Andrew

1678
01:18:43,080 --> 01:18:47,120
Speaker 25: giving evidence, informing inquiries about what he knew and what

1679
01:18:47,160 --> 01:18:48,840
Speaker 25: his involvement was on, yes he should do that.

1680
01:18:49,400 --> 01:18:51,719
Speaker 3: Yeah, Okay, So Gavin Gray will give us his thoughts

1681
01:18:51,720 --> 01:18:53,240
Speaker 3: when he's with us. Before the end of the program,

1682
01:18:53,240 --> 01:18:55,240
Speaker 3: they say about twenty minutes from now six twenty two.

1683
01:18:55,200 --> 01:18:57,640
Speaker 2: Apouraging the numbers and getting the results.

1684
01:18:57,880 --> 01:19:01,280
Speaker 1: It's hither to the Selan with them business hour and

1685
01:19:01,600 --> 01:19:06,040
Speaker 1: mass for insurance investments and Kiwi Saber, you're in good hands,

1686
01:19:06,320 --> 01:19:07,200
Speaker 1: Newstalk said.

1687
01:19:07,040 --> 01:19:09,400
Speaker 3: Be whether I nearly had a car accident driving home?

1688
01:19:09,479 --> 01:19:11,439
Speaker 3: Jack Taym was going on about climate change, and then

1689
01:19:11,520 --> 01:19:13,880
Speaker 3: the next breath he said he used a gas barbecue. Well,

1690
01:19:13,880 --> 01:19:16,680
Speaker 3: what about when he used charcole as well? I was like,

1691
01:19:17,160 --> 01:19:18,400
Speaker 3: this very off brand for you.

1692
01:19:18,520 --> 01:19:18,720
Speaker 5: Jack.

1693
01:19:19,040 --> 01:19:21,840
Speaker 3: Anyway, sod Todd wrote us an email. This is Todd

1694
01:19:21,880 --> 01:19:23,960
Speaker 3: who runs Turner's cars. He said, my wife rang me

1695
01:19:24,040 --> 01:19:27,240
Speaker 3: to tell me you're talking about climate reporting, and you

1696
01:19:27,280 --> 01:19:29,519
Speaker 3: were using turners as an example. The interesting thing we

1697
01:19:29,560 --> 01:19:32,560
Speaker 3: have to intervite through our climate reporting and scenario analysis

1698
01:19:32,600 --> 01:19:35,560
Speaker 3: is that as an organization we are actually a beneficiary

1699
01:19:35,880 --> 01:19:39,080
Speaker 3: of major weather events, says Todd. Apparently what happens is

1700
01:19:39,120 --> 01:19:41,679
Speaker 3: they sell off written they sell the written off cars

1701
01:19:41,760 --> 01:19:44,320
Speaker 3: right for the insurance companies. So the big weather event,

1702
01:19:44,560 --> 01:19:46,920
Speaker 3: your insurance company sells it off, turners are selling it

1703
01:19:47,160 --> 01:19:50,040
Speaker 3: and then the people who lost the car obviously need

1704
01:19:50,040 --> 01:19:51,640
Speaker 3: to buy a new car, so then turner sells them.

1705
01:19:51,680 --> 01:19:53,360
Speaker 3: And so the turner sells their old car and then

1706
01:19:53,400 --> 01:19:56,360
Speaker 3: sells them a new car. So for example, anniversary weekend

1707
01:19:56,439 --> 01:20:00,320
Speaker 3: floods in Auckland and twenty twenty three, they sold a

1708
01:20:00,320 --> 01:20:02,920
Speaker 3: as a result of that, an additional six thousand written

1709
01:20:02,920 --> 01:20:05,559
Speaker 3: off flood damaged vehicles, and then sold a whole lot

1710
01:20:05,560 --> 01:20:08,080
Speaker 3: of vehicles back to the people who needed new cars.

1711
01:20:08,200 --> 01:20:10,360
Speaker 3: So February May twenty twenty three was one of the

1712
01:20:10,400 --> 01:20:14,760
Speaker 3: busiest times for the business on record. And they like

1713
01:20:14,840 --> 01:20:17,240
Speaker 3: the change that has happened today, the softening of the

1714
01:20:17,280 --> 01:20:19,080
Speaker 3: climate disclosure rule six twenty five.

1715
01:20:19,800 --> 01:20:26,439
Speaker 1: There's no business like show business, nor.

1716
01:20:26,439 --> 01:20:28,840
Speaker 3: Couple city stunt's getting weirder and weirder, aren't they. Emma

1717
01:20:28,880 --> 01:20:30,760
Speaker 3: Stone has got a new movie coming out. It's called

1718
01:20:30,840 --> 01:20:33,720
Speaker 3: Bigonia and there's already an Oscars buzz about it. And

1719
01:20:33,760 --> 01:20:36,720
Speaker 3: the movie follows a successful business woman CEO who gets

1720
01:20:36,800 --> 01:20:39,479
Speaker 3: kidnapped and then held captive by some crazies who accused

1721
01:20:39,520 --> 01:20:41,640
Speaker 3: her of being an alien. And in the film, the

1722
01:20:41,720 --> 01:20:43,200
Speaker 3: kidnappers shave her hair off.

1723
01:20:43,280 --> 01:20:47,200
Speaker 2: Where's my hair? Your hair has been destroyed. You shaved

1724
01:20:47,200 --> 01:20:50,280
Speaker 2: off my hair. Yes, you've shared off your hair. Why

1725
01:20:50,479 --> 01:20:53,519
Speaker 2: have you shaved off my hair to prevent you from

1726
01:20:53,520 --> 01:20:55,920
Speaker 2: contacting your ship? What ship?

1727
01:20:56,240 --> 01:20:57,000
Speaker 22: Your mother ship?

1728
01:21:00,680 --> 01:21:00,840
Speaker 6: Oh?

1729
01:21:00,920 --> 01:21:01,120
Speaker 2: Lord?

1730
01:21:01,280 --> 01:21:03,160
Speaker 3: That actually feels like some people who live on planet

1731
01:21:03,200 --> 01:21:05,719
Speaker 3: Earth in this country at the moment. Anyway, big fans

1732
01:21:05,840 --> 01:21:07,960
Speaker 3: like fans who were like, I'm really into this movie.

1733
01:21:07,960 --> 01:21:10,160
Speaker 3: They got a chance to see the movie really really early.

1734
01:21:10,200 --> 01:21:12,559
Speaker 3: But there was one catch. They had to shave off

1735
01:21:12,600 --> 01:21:15,080
Speaker 3: their hair too, So they had people sit in a

1736
01:21:15,080 --> 01:21:17,519
Speaker 3: barber's chair before the movie started and get a full

1737
01:21:17,560 --> 01:21:19,680
Speaker 3: buzz cut. And that wasn't just the men. It was

1738
01:21:19,800 --> 01:21:23,200
Speaker 3: lots of women with long locks. And they got themselves

1739
01:21:23,200 --> 01:21:25,200
Speaker 3: in the buzz cut in exchange for a free movie.

1740
01:21:25,240 --> 01:21:28,519
Speaker 3: And I'll tell you what that is just to me

1741
01:21:29,200 --> 01:21:31,800
Speaker 3: just not worth it. A not you know what, It's

1742
01:21:31,840 --> 01:21:34,880
Speaker 3: going to be streaming in five minutes on Netflix, so

1743
01:21:34,920 --> 01:21:37,000
Speaker 3: you should have just waited. Anyway. There you go, that's weird.

1744
01:21:37,000 --> 01:21:42,240
Speaker 3: There go, Well can you imagine doing that? Can you

1745
01:21:42,280 --> 01:21:43,640
Speaker 3: imagine being so desperate.

1746
01:21:43,400 --> 01:21:43,720
Speaker 7: To be fair?

1747
01:21:43,720 --> 01:21:45,719
Speaker 6: I'm normally a number I'm like a number two anyway,

1748
01:21:45,760 --> 01:21:46,320
Speaker 6: So it wouldn't be.

1749
01:21:46,360 --> 01:21:46,640
Speaker 7: Much of it.

1750
01:21:46,960 --> 01:21:49,400
Speaker 3: No, you wouldn't have to give up very much. And

1751
01:21:49,439 --> 01:21:51,360
Speaker 3: I suppose, like if you want to, if you wanted

1752
01:21:51,400 --> 01:21:53,080
Speaker 3: to rebel and do something about wacky and I have

1753
01:21:53,120 --> 01:21:54,720
Speaker 3: always wanted to shave off your hair, it's a good

1754
01:21:54,720 --> 01:21:57,360
Speaker 3: excuse to do it. It's like cover, isn't it. It's

1755
01:21:57,400 --> 01:22:00,160
Speaker 3: cover for that kind of thing anyway. Gnative Training is

1756
01:22:00,160 --> 01:22:01,919
Speaker 3: going to be with us next on the climate disclosure

1757
01:22:01,960 --> 01:22:03,519
Speaker 3: rules and the facts that the fact that the Greens

1758
01:22:03,520 --> 01:22:06,080
Speaker 3: have been weirdly quiet about it given that this was

1759
01:22:06,160 --> 01:22:06,599
Speaker 3: their thing.

1760
01:22:07,000 --> 01:22:15,160
Speaker 24: News is next, whether it's macro micro or just plain economics.

1761
01:22:15,240 --> 01:22:18,479
Speaker 1: It's all on the Business Hour with Heather Duplicy, Ellen

1762
01:22:18,600 --> 01:22:22,360
Speaker 1: and mass for Insurance Investments and Chewy Safer.

1763
01:22:22,560 --> 01:22:24,400
Speaker 2: You're in Good Ads News Talks.

1764
01:22:25,240 --> 01:22:33,599
Speaker 3: We could last feature Nassature feature right, you have grades

1765
01:22:33,640 --> 01:22:36,560
Speaker 3: with us out of the UK very shortly obviously on

1766
01:22:36,720 --> 01:22:40,080
Speaker 3: Prince Andrew then all to carry on. Also, there is

1767
01:22:40,120 --> 01:22:42,400
Speaker 3: a guy who's a happiness professor from Harvard who has

1768
01:22:43,040 --> 01:22:45,439
Speaker 3: revealed what his like perfect morning is to start him

1769
01:22:45,439 --> 01:22:46,880
Speaker 3: for the day so that he can be super happy.

1770
01:22:47,000 --> 01:22:48,400
Speaker 3: I'm going to run you through that in a minute,

1771
01:22:48,439 --> 01:22:50,680
Speaker 3: so you can emulate if you want to. Twenty five

1772
01:22:50,720 --> 01:22:53,000
Speaker 3: away from seven now the number of companies that will

1773
01:22:53,000 --> 01:22:56,360
Speaker 3: be required to make climate related disclosures will be significantly slashed.

1774
01:22:56,800 --> 01:22:59,439
Speaker 3: The government will now only require listed issuers with a

1775
01:22:59,520 --> 01:23:02,520
Speaker 3: market app of more than a billion dollars to make disclosures.

1776
01:23:02,560 --> 01:23:05,840
Speaker 3: Currently the thresholder sixty million dollars. Gena Tibsrainy is The

1777
01:23:05,960 --> 01:23:09,280
Speaker 3: Herald's Wellington Business editor and with US Hygiene Hi he

1778
01:23:09,600 --> 01:23:11,719
Speaker 3: is a complete radio silence from the Greens today.

1779
01:23:12,920 --> 01:23:14,240
Speaker 7: Well I was of as surprise.

1780
01:23:14,320 --> 01:23:18,560
Speaker 26: This is a fairly big announcement the government made. We

1781
01:23:18,760 --> 01:23:22,360
Speaker 26: published news of it at five am. This was a

1782
01:23:22,479 --> 01:23:27,759
Speaker 26: climate reporting regime that James Shaw introduced. Basically, James Shaw's

1783
01:23:27,800 --> 01:23:32,560
Speaker 26: thinking was, if we get the country's biggest companies, banks, insurers,

1784
01:23:32,720 --> 01:23:34,599
Speaker 26: fund managers, you know the people who run our key

1785
01:23:34,640 --> 01:23:37,840
Speaker 26: we savers. If we get them to disclose what their

1786
01:23:38,200 --> 01:23:41,679
Speaker 26: emissions are, you know, that's a good bit of sunlight

1787
01:23:41,800 --> 01:23:45,040
Speaker 26: and that might prompt them to try to do business

1788
01:23:45,080 --> 01:23:47,720
Speaker 26: in a way that's more environmentally friendly. And you know

1789
01:23:48,000 --> 01:23:53,479
Speaker 26: that reporting is also good because that can you know,

1790
01:23:53,800 --> 01:23:57,320
Speaker 26: if companies are looking at investing in climate friendly things,

1791
01:23:57,400 --> 01:24:00,320
Speaker 26: they can see what the emissions are and you know,

1792
01:24:00,400 --> 01:24:03,519
Speaker 26: make investment decisions accordingly. You know, banks can also do that.

1793
01:24:03,640 --> 01:24:06,880
Speaker 26: They can lend to people who are trying to cut

1794
01:24:06,880 --> 01:24:09,479
Speaker 26: a mission. So that was the thinking. James Shaw put

1795
01:24:09,520 --> 01:24:11,439
Speaker 26: a lot of weight on this regime. You know, it's

1796
01:24:11,479 --> 01:24:13,760
Speaker 26: been years in the making, it's only been up and

1797
01:24:13,840 --> 01:24:17,120
Speaker 26: running for a short time. When the government announced this

1798
01:24:17,240 --> 01:24:20,799
Speaker 26: morning that it was radically you know, well not radically

1799
01:24:20,880 --> 01:24:25,160
Speaker 26: but quite substantially watering down that regime, I would have

1800
01:24:25,200 --> 01:24:27,240
Speaker 26: thought the Greens would have been out there straight away,

1801
01:24:29,400 --> 01:24:32,200
Speaker 26: you know, pointing this out. But the Greens did not

1802
01:24:32,360 --> 01:24:36,360
Speaker 26: release a press release or statement on this today. So

1803
01:24:37,720 --> 01:24:39,240
Speaker 26: you know, I asked them about it, I said, what

1804
01:24:39,360 --> 01:24:42,600
Speaker 26: went on? It sounds like it might have just been logistics.

1805
01:24:42,720 --> 01:24:45,120
Speaker 26: They didn't have the staff to do it. But you know,

1806
01:24:45,439 --> 01:24:50,040
Speaker 26: one does have to question whether the greens emphasis is where.

1807
01:24:49,880 --> 01:24:50,160
Speaker 20: It is.

1808
01:24:52,400 --> 01:24:54,320
Speaker 3: Compared to when James Shaw was at the Home of

1809
01:24:54,320 --> 01:24:56,920
Speaker 3: the bar not focused enough on the green part of

1810
01:24:56,960 --> 01:24:59,600
Speaker 3: their name. Now do you think the removal of this

1811
01:24:59,680 --> 01:25:02,960
Speaker 3: from the smaller businesses will encourage listings on the zet

1812
01:25:03,120 --> 01:25:05,360
Speaker 3: X by businesses that perhaps may have been put off

1813
01:25:05,439 --> 01:25:07,040
Speaker 3: by this, Well, you know.

1814
01:25:07,080 --> 01:25:08,559
Speaker 26: I thought this was quite a big call.

1815
01:25:08,760 --> 01:25:10,280
Speaker 7: So this is that the inzet X.

1816
01:25:11,280 --> 01:25:15,360
Speaker 26: They said that actually, because these disclosure rules are so onerous,

1817
01:25:15,439 --> 01:25:18,000
Speaker 26: you know, to try to calculate your missions, and also

1818
01:25:18,240 --> 01:25:23,120
Speaker 26: directors of companies can be personally liable if rules are broken.

1819
01:25:23,720 --> 01:25:28,320
Speaker 26: Instics are saying that that prevented companies from wanting to list.

1820
01:25:28,720 --> 01:25:31,760
Speaker 26: I think that's that's a pretty big statement to make.

1821
01:25:32,760 --> 01:25:35,880
Speaker 26: I haven't heard this evidence, but that there might be

1822
01:25:36,000 --> 01:25:39,360
Speaker 26: instances like that. I suspect companies are not listening for

1823
01:25:39,439 --> 01:25:41,280
Speaker 26: a raft of reasons, and I can't see that this

1824
01:25:41,640 --> 01:25:44,160
Speaker 26: is the main one. But you know, no doubt, I

1825
01:25:44,200 --> 01:25:47,080
Speaker 26: think this decision by the government is just one more

1826
01:25:47,160 --> 01:25:50,839
Speaker 26: little bit of red table difficulty it's trying to remove

1827
01:25:51,040 --> 01:25:54,000
Speaker 26: to try to stimulate growth, get businesses listing on the

1828
01:25:54,040 --> 01:25:56,479
Speaker 26: inzet X, which is not having a great time at

1829
01:25:56,520 --> 01:25:56,840
Speaker 26: the moment.

1830
01:25:57,200 --> 01:25:59,360
Speaker 3: Now you've had a couple of days to you know,

1831
01:25:59,479 --> 01:26:02,400
Speaker 3: let the the Labor Future Fund really sink into your brain.

1832
01:26:02,560 --> 01:26:05,080
Speaker 3: What's your because I think you struck on something Janay

1833
01:26:05,120 --> 01:26:07,559
Speaker 3: earlier this week that I think is very important, which

1834
01:26:07,600 --> 01:26:09,759
Speaker 3: is that that it's almost it feels like an attempt

1835
01:26:09,800 --> 01:26:11,280
Speaker 3: to kind of cozy the up to New Zealand first

1836
01:26:11,280 --> 01:26:14,719
Speaker 3: ahead of the coalition potential coalition talks next election.

1837
01:26:15,400 --> 01:26:16,120
Speaker 8: There is that?

1838
01:26:16,320 --> 01:26:16,559
Speaker 16: Really?

1839
01:26:16,840 --> 01:26:18,880
Speaker 3: Do you think the primary motivator here?

1840
01:26:20,000 --> 01:26:21,439
Speaker 7: Oh, look, I think.

1841
01:26:23,360 --> 01:26:26,080
Speaker 3: It was a political policy.

1842
01:26:26,160 --> 01:26:28,040
Speaker 26: I thought that the main thing that really struck me

1843
01:26:28,240 --> 01:26:31,320
Speaker 26: was that it puts the spotlight on asset sales. Because

1844
01:26:31,400 --> 01:26:35,280
Speaker 26: there are many ways governments can invest in businesses and

1845
01:26:35,479 --> 01:26:37,800
Speaker 26: lend to businesses. Labor did that a lot when it

1846
01:26:37,880 --> 01:26:39,720
Speaker 26: was in government. There are many ways to do it

1847
01:26:39,880 --> 01:26:43,639
Speaker 26: that don't involve coming up with a complicated scheme involving

1848
01:26:43,720 --> 01:26:47,360
Speaker 26: our state owned enterprises. The difference with this scheme is

1849
01:26:47,400 --> 01:26:51,720
Speaker 26: that it links the SOEs to the fund, and by

1850
01:26:51,840 --> 01:26:55,719
Speaker 26: doing that, it's saying Labor wouldn't get rid of certain

1851
01:26:55,880 --> 01:26:58,640
Speaker 26: state owned enterprises. So I think that then puts the

1852
01:26:58,680 --> 01:27:02,880
Speaker 26: spotlight on National which is keen to do asset recycling,

1853
01:27:03,000 --> 01:27:05,280
Speaker 26: you know, which is when we might celibate here to

1854
01:27:05,360 --> 01:27:08,599
Speaker 26: buy a bit. They're free out money. So I thought

1855
01:27:08,640 --> 01:27:11,639
Speaker 26: maybe from that perspective they ticked the box in terms

1856
01:27:11,680 --> 01:27:14,280
Speaker 26: of politics, and as you say here that in terms

1857
01:27:14,320 --> 01:27:17,320
Speaker 26: of you know, coming up with something that aligns them

1858
01:27:17,360 --> 01:27:20,960
Speaker 26: with the New Zealand first, which is a good strategy

1859
01:27:22,040 --> 01:27:24,560
Speaker 26: leading up to the election. I think, you know, to

1860
01:27:24,680 --> 01:27:27,800
Speaker 26: Party Maori and the Green Party have drifted quite far

1861
01:27:27,880 --> 01:27:31,559
Speaker 26: from where they were previously, potentially in such a way

1862
01:27:31,600 --> 01:27:34,400
Speaker 26: that would put off a lot of centrist voters and

1863
01:27:34,479 --> 01:27:35,759
Speaker 26: the Labor would be courting.

1864
01:27:35,960 --> 01:27:37,680
Speaker 3: Yeah, I think you might be right. Jenny, Thanks very much,

1865
01:27:37,720 --> 01:27:39,800
Speaker 3: really appreciate your time. This Jenae tib Traney, who's the

1866
01:27:39,800 --> 01:27:42,160
Speaker 3: Wellington Business Edit. It's anyway from.

1867
01:27:42,000 --> 01:27:43,920
Speaker 2: Seven Heather dup c Ellen.

1868
01:27:44,240 --> 01:27:46,559
Speaker 3: This has just dropped. The Commerce Commission is taking action

1869
01:27:46,720 --> 01:27:51,000
Speaker 3: against ASB for breaches of the credit contracts and consumer financing.

1870
01:27:51,080 --> 01:27:53,640
Speaker 3: This is the Triple CFA. This has really proven to

1871
01:27:53,720 --> 01:27:56,639
Speaker 3: be quite an issue for the banks, the Triple CFA legislation.

1872
01:27:57,000 --> 01:27:59,160
Speaker 3: The ComCom says the action is in connection to the

1873
01:27:59,200 --> 01:28:02,840
Speaker 3: provision of overd some debt collection over payments. They're going

1874
01:28:02,920 --> 01:28:05,160
Speaker 3: to file proceedings in the High Court in due course,

1875
01:28:05,240 --> 01:28:08,719
Speaker 3: and because it's an active investigation, they can't comment any

1876
01:28:08,800 --> 01:28:12,040
Speaker 3: more than that. Watch this space now. So there's a

1877
01:28:12,080 --> 01:28:17,160
Speaker 3: happiness professor from Harvard called Arthur Brooks who has devised

1878
01:28:17,160 --> 01:28:20,080
Speaker 3: a six step morning routine. Like he's you know, as

1879
01:28:20,120 --> 01:28:22,080
Speaker 3: I say, he's a professor, he's an expert on happiness.

1880
01:28:22,120 --> 01:28:24,920
Speaker 3: He's devised a six step morning routine that he reckon

1881
01:28:25,040 --> 01:28:27,160
Speaker 3: sets him up for the best kind of day, Like

1882
01:28:27,200 --> 01:28:29,120
Speaker 3: it gets him in the best mood for the best

1883
01:28:29,160 --> 01:28:30,800
Speaker 3: day possible. So I'm going to run you through this

1884
01:28:30,920 --> 01:28:32,200
Speaker 3: and you can decide if you if this is the

1885
01:28:32,280 --> 01:28:35,479
Speaker 3: kind of thing that you're into. He looses me at

1886
01:28:35,560 --> 01:28:38,680
Speaker 3: number one, I'm not gonna lie. Number one, wake up

1887
01:28:38,840 --> 01:28:42,080
Speaker 3: before dawn. Research shows that getting up before the sun

1888
01:28:42,240 --> 01:28:45,240
Speaker 3: rises can improve your creativity. You'll focus in your memory.

1889
01:28:45,560 --> 01:28:49,160
Speaker 3: So he wakes up at half past four nearly every

1890
01:28:49,280 --> 01:28:52,439
Speaker 3: day and as a result, he reckons he's experienced positive

1891
01:28:52,439 --> 01:28:56,000
Speaker 3: effects on his mental health. Then he says number two,

1892
01:28:56,200 --> 01:28:58,680
Speaker 3: he has to engage in physical activity really quickly. So

1893
01:28:58,760 --> 01:29:02,320
Speaker 3: within fifteen minutes of half past four, he gets up,

1894
01:29:02,439 --> 01:29:04,439
Speaker 3: gets here's a gym at his house. He starts exercising

1895
01:29:04,520 --> 01:29:06,320
Speaker 3: he does. He reckons an hour a day, seven days

1896
01:29:06,360 --> 01:29:08,719
Speaker 3: a week, and so you know, like some days it's cardio,

1897
01:29:08,840 --> 01:29:11,560
Speaker 3: some days it's resistance training. That's just smart. Then he

1898
01:29:11,640 --> 01:29:14,839
Speaker 3: gets metaphysical and he starts doing some sort of meditation.

1899
01:29:15,120 --> 01:29:18,280
Speaker 3: Every morning. He does a meditation, He attends Mass, he

1900
01:29:18,439 --> 01:29:21,080
Speaker 3: prays a Catholic meditation in his car, whatever it is.

1901
01:29:21,520 --> 01:29:23,519
Speaker 3: He says, if you're not into doing religious stuff or

1902
01:29:23,520 --> 01:29:25,639
Speaker 3: meditating or whatever, you can journal for twenty to thirty

1903
01:29:25,680 --> 01:29:30,839
Speaker 3: minutes a day, which actually, interestingly is quite highly recommended

1904
01:29:30,840 --> 01:29:33,439
Speaker 3: as a way to get your brain in the right place.

1905
01:29:33,880 --> 01:29:37,080
Speaker 3: Number four, he delays his coffee intake. I feel like,

1906
01:29:37,120 --> 01:29:39,680
Speaker 3: I guess I do not do number one. I don't

1907
01:29:39,720 --> 01:29:42,080
Speaker 3: get up early. I do do number two, but not

1908
01:29:42,800 --> 01:29:44,759
Speaker 3: before five o'clock in the morning. I do my physical

1909
01:29:44,800 --> 01:29:47,120
Speaker 3: activity later in the day. I do get a little

1910
01:29:47,160 --> 01:29:49,800
Speaker 3: bit metaphysical. Actually you don't need to know about that,

1911
01:29:49,920 --> 01:29:52,920
Speaker 3: but it happens. Definitely delay the coffee intake. I'm with

1912
01:29:53,040 --> 01:29:56,200
Speaker 3: him on this. He waits three hours before he has

1913
01:29:56,240 --> 01:29:58,360
Speaker 3: his coffee, and then it prevents him having the three

1914
01:29:58,439 --> 01:30:00,120
Speaker 3: pm slump later in the day. I do a the

1915
01:30:00,160 --> 01:30:02,759
Speaker 3: same thing. I reckon then he has a high protein breakfast.

1916
01:30:02,880 --> 01:30:08,920
Speaker 3: He eats non fat greek yogurt with way protein walnuts

1917
01:30:08,960 --> 01:30:11,240
Speaker 3: and berries in the morning, makes him feel great, keeps

1918
01:30:11,280 --> 01:30:13,840
Speaker 3: them full, and then he enters a flow state. So

1919
01:30:13,960 --> 01:30:16,439
Speaker 3: instead of using the energy that his morning routine gives

1920
01:30:16,520 --> 01:30:19,080
Speaker 3: him to check emails, take phone calls, or read the paper,

1921
01:30:19,360 --> 01:30:22,400
Speaker 3: he starts working right away. He says, when he does that,

1922
01:30:22,479 --> 01:30:24,719
Speaker 3: he can actually get two hours of super high quality

1923
01:30:24,800 --> 01:30:27,120
Speaker 3: creative work done and he's in the flow for the

1924
01:30:27,200 --> 01:30:29,040
Speaker 3: rest of the day. So there you go. That's how

1925
01:30:29,080 --> 01:30:29,400
Speaker 3: you do it.

1926
01:30:29,720 --> 01:30:31,280
Speaker 6: Oh, I slipped?

1927
01:30:32,720 --> 01:30:33,479
Speaker 3: Is that the four thirty?

1928
01:30:33,520 --> 01:30:33,640
Speaker 15: As?

1929
01:30:33,640 --> 01:30:34,599
Speaker 3: He lost you at the first part.

1930
01:30:35,800 --> 01:30:37,519
Speaker 6: I was going to say, what of those six things

1931
01:30:37,600 --> 01:30:40,800
Speaker 6: do you do? So I don't drink coffee, so otherwise

1932
01:30:40,840 --> 01:30:42,599
Speaker 6: I would probably agree on the coffee thing. You would

1933
01:30:42,600 --> 01:30:43,760
Speaker 6: You don't want to do that too that I mean,

1934
01:30:43,800 --> 01:30:46,519
Speaker 6: I get straight to a meal when I wait, do

1935
01:30:46,560 --> 01:30:50,240
Speaker 6: you do high protein? I eight wheat books. So do

1936
01:30:50,280 --> 01:30:52,439
Speaker 6: you think the giant blueberry? Would that fit that hard?

1937
01:30:52,479 --> 01:30:52,639
Speaker 2: Aut?

1938
01:30:52,680 --> 01:30:54,240
Speaker 3: You just shuck that in there and you do a

1939
01:30:54,280 --> 01:30:55,479
Speaker 3: bit of the meditational stuff and.

1940
01:30:56,800 --> 01:30:58,439
Speaker 6: Actually that's fair, yeah, But the rest of it, I'm

1941
01:30:58,479 --> 01:30:59,280
Speaker 6: happy touch.

1942
01:30:59,080 --> 01:31:01,400
Speaker 3: That And do you walk to work. That's an hour exercise.

1943
01:31:01,520 --> 01:31:03,080
Speaker 6: Yeah, but I don't do that till it's work time.

1944
01:31:03,120 --> 01:31:04,960
Speaker 6: I've usually you know, that's quite late in the day

1945
01:31:05,000 --> 01:31:06,200
Speaker 6: for us because we don't.

1946
01:31:06,080 --> 01:31:08,000
Speaker 3: Get to work till me So why don't you drink coffee? Ans?

1947
01:31:08,600 --> 01:31:10,800
Speaker 6: I just it's not It's not my vice. I have

1948
01:31:11,200 --> 01:31:12,800
Speaker 6: plenty of other vices. I don't really need to add

1949
01:31:12,800 --> 01:31:13,160
Speaker 6: another one.

1950
01:31:13,400 --> 01:31:14,960
Speaker 3: I find it we had been people don't drink coffee.

1951
01:31:15,120 --> 01:31:17,439
Speaker 3: Thank you for that. As hither the guy single and

1952
01:31:17,520 --> 01:31:20,280
Speaker 3: has no sex life? Clearly sixteen away from seven.

1953
01:31:20,439 --> 01:31:24,120
Speaker 1: Everything from SMEs to the big corporates of the Business

1954
01:31:24,240 --> 01:31:29,080
Speaker 1: hour with Heather Duplicyllen and Mass for Insurance Investments and

1955
01:31:29,280 --> 01:31:32,280
Speaker 1: Kiwi Safer and you're in good hands news talks.

1956
01:31:32,000 --> 01:31:34,920
Speaker 3: That'd be Hither that little story that you just told

1957
01:31:35,000 --> 01:31:36,600
Speaker 3: us about the guy getting up at four thirty and

1958
01:31:36,720 --> 01:31:38,880
Speaker 3: is so true at full thirty is so true. I'm

1959
01:31:38,880 --> 01:31:41,960
Speaker 3: a school principal. I get up at four, lord mate. Honestly,

1960
01:31:42,360 --> 01:31:44,280
Speaker 3: I'm at my desk at five. You get so much

1961
01:31:44,360 --> 01:31:46,519
Speaker 3: done when you're working from five to seven in the morning,

1962
01:31:46,560 --> 01:31:49,160
Speaker 3: and then when the staff start turning up. I love

1963
01:31:49,200 --> 01:31:51,519
Speaker 3: it frees me to freeze me up to be about

1964
01:31:51,760 --> 01:31:53,200
Speaker 3: in the school, in and out of rooms, in the

1965
01:31:53,240 --> 01:31:55,599
Speaker 3: playground and speaking to people and seeing parents. That's fantastic.

1966
01:31:55,680 --> 01:31:57,360
Speaker 3: We're the best. We're in the best job. And I'm

1967
01:31:57,400 --> 01:32:01,640
Speaker 3: not striking tomorrow, which is excellent in front load that.

1968
01:32:02,200 --> 01:32:04,519
Speaker 3: So you're not striking tomorrow and already we're like, well

1969
01:32:04,640 --> 01:32:06,840
Speaker 3: done you and you wake up at four in the morning.

1970
01:32:06,920 --> 01:32:09,720
Speaker 3: That's impressive. Thirteen away from seven Gavin gray Are UK

1971
01:32:09,800 --> 01:32:13,439
Speaker 3: correspondence with us Hallo Gevin Hi the header right, So

1972
01:32:13,600 --> 01:32:14,799
Speaker 3: what's the latest with Andrew.

1973
01:32:16,560 --> 01:32:18,680
Speaker 11: Well, it's the story that is not going to go

1974
01:32:18,800 --> 01:32:22,040
Speaker 11: away and must be really mounting further pressure on the

1975
01:32:22,160 --> 01:32:25,360
Speaker 11: Rolls to do something more about it, mainly now because

1976
01:32:25,439 --> 01:32:30,200
Speaker 11: the MPs are getting involved. They can't understand why they

1977
01:32:30,320 --> 01:32:33,760
Speaker 11: decided the roll family decided not to actually strip him

1978
01:32:33,760 --> 01:32:36,120
Speaker 11: with the title, saying yes, it would have taken up

1979
01:32:36,160 --> 01:32:38,960
Speaker 11: parliamentary time, but so what that sounds like a bit

1980
01:32:39,000 --> 01:32:42,120
Speaker 11: of an excuse to some people. And now of course

1981
01:32:42,240 --> 01:32:45,960
Speaker 11: his living arrangements surre under scrutiny. He has this huge,

1982
01:32:46,240 --> 01:32:50,280
Speaker 11: thirty roomed lodge in Windsor Ni, not far from the castle,

1983
01:32:50,640 --> 01:32:54,080
Speaker 11: in beautiful grounds, and he's paying a peppercorn rent on

1984
01:32:54,200 --> 01:32:57,519
Speaker 11: it now. He signed the lease through until twenty seventy five,

1985
01:32:57,920 --> 01:33:00,360
Speaker 11: and property experts are saying, from what they can see

1986
01:33:00,800 --> 01:33:04,000
Speaker 11: it is cast iron. Nobody could kick him out, and

1987
01:33:04,160 --> 01:33:06,040
Speaker 11: that's led some to say, well, hang on, how was

1988
01:33:06,120 --> 01:33:09,559
Speaker 11: this negotiated? Who negotiated it? And why is he only

1989
01:33:09,680 --> 01:33:12,639
Speaker 11: paying a peppercorn rent and can still afford to stay there.

1990
01:33:13,040 --> 01:33:16,120
Speaker 11: A senior opposition figure, one that many people tipped for

1991
01:33:16,160 --> 01:33:19,280
Speaker 11: the top job, Robert Jenrick, said it was about time

1992
01:33:19,439 --> 01:33:22,120
Speaker 11: quote Prince Andrew took himself off to live in private

1993
01:33:22,400 --> 01:33:25,640
Speaker 11: because the public are sick of him, and many are

1994
01:33:25,680 --> 01:33:28,560
Speaker 11: saying it's time the Prince compensated the taxpayer for the

1995
01:33:28,640 --> 01:33:31,479
Speaker 11: lost rent on this royal lodge, something he would not

1996
01:33:31,640 --> 01:33:35,400
Speaker 11: be able to do, and say that parliamentary committees could

1997
01:33:35,439 --> 01:33:38,240
Speaker 11: look into the Crown of State's handling of the Prince's

1998
01:33:38,439 --> 01:33:42,160
Speaker 11: living arrangements. The heat is most certainly being turned up, Heather,

1999
01:33:42,360 --> 01:33:45,160
Speaker 11: And if the royals thought that by him agreeing not

2000
01:33:45,360 --> 01:33:47,240
Speaker 11: to use his titles would put a lid on it,

2001
01:33:47,600 --> 01:33:50,759
Speaker 11: that was a huge miscalculation, which.

2002
01:33:50,680 --> 01:33:52,439
Speaker 3: I could have told them and did tell them. Why

2003
01:33:52,439 --> 01:33:54,160
Speaker 3: I didn't tell then, But I see it on Monday

2004
01:33:54,200 --> 01:33:56,280
Speaker 3: because it was so obvious that this was going to

2005
01:33:56,320 --> 01:33:58,360
Speaker 3: get out of hand. But now, so tell me we

2006
01:33:58,479 --> 01:34:00,360
Speaker 3: were at with the MPs who are trying to strip

2007
01:34:00,439 --> 01:34:02,400
Speaker 3: him of his princeship. Is that actually gonna happen?

2008
01:34:03,680 --> 01:34:07,599
Speaker 11: Well, basically, they can't, I think, do it on their own.

2009
01:34:07,720 --> 01:34:11,880
Speaker 11: It has to be initiated by the King, who seems

2010
01:34:11,920 --> 01:34:15,519
Speaker 11: reluctant to do that. But I think as pressure grows,

2011
01:34:15,680 --> 01:34:20,280
Speaker 11: and no doubt Prince William, who is apparently absolutely determined

2012
01:34:20,320 --> 01:34:23,920
Speaker 11: that when he takes over as king this will be done.

2013
01:34:24,920 --> 01:34:27,880
Speaker 11: I think he's in the King's ears saying, Dad, you've

2014
01:34:27,920 --> 01:34:30,880
Speaker 11: got to just separate this. You've got to separate the

2015
01:34:31,280 --> 01:34:35,240
Speaker 11: mess surrounding Prince Andrew and Sarah Ferguson from the rest

2016
01:34:35,280 --> 01:34:37,000
Speaker 11: of us, because it is bringing the whole of the

2017
01:34:37,120 --> 01:34:40,160
Speaker 11: royal family into disrepute for the first time in five

2018
01:34:40,280 --> 01:34:43,599
Speaker 11: hundred years. This week, the King of England will pray

2019
01:34:43,800 --> 01:34:47,320
Speaker 11: with the Pope. It'll get next to no headlines because

2020
01:34:47,680 --> 01:34:50,719
Speaker 11: of what Prince Andrew is doing, and the Royals would

2021
01:34:50,720 --> 01:34:52,200
Speaker 11: be very annoyed about that too.

2022
01:34:52,280 --> 01:34:54,160
Speaker 3: Right now, what do you make of Ukraine heading that

2023
01:34:54,240 --> 01:34:56,880
Speaker 3: Russian chemical plant with the long range missiles of the

2024
01:34:57,040 --> 01:34:57,679
Speaker 3: UK Gavin.

2025
01:34:58,760 --> 01:35:02,120
Speaker 11: Yeah, this, of course is something that the Ukrainians have

2026
01:35:02,200 --> 01:35:06,320
Speaker 11: been begging for longer range missiles in order to hit

2027
01:35:06,520 --> 01:35:10,840
Speaker 11: the heart of Russia. Apparently it was a successful hit

2028
01:35:11,000 --> 01:35:15,519
Speaker 11: that penetrated the Russian air defense system. The Ukrainian General

2029
01:35:15,560 --> 01:35:18,400
Speaker 11: Staff said that they're still assessing the outcome of the

2030
01:35:18,479 --> 01:35:21,920
Speaker 11: massive strike. That they're saying the Briance Chemical Plant is

2031
01:35:22,000 --> 01:35:28,400
Speaker 11: really a key facility of Russia's military industrial complex, producing gunpowder,

2032
01:35:28,479 --> 01:35:32,800
Speaker 11: explosive rocket fuel components, ammunition and missiles, and they're saying

2033
01:35:32,920 --> 01:35:36,720
Speaker 11: that it'll really really ramp up pressure now on Vladimir

2034
01:35:36,800 --> 01:35:38,960
Speaker 11: Putin to come to the table, because we do know

2035
01:35:39,320 --> 01:35:42,760
Speaker 11: that the most recent meeting plan between Trump's team and

2036
01:35:43,280 --> 01:35:48,080
Speaker 11: Vladimir Putin's team has been postponed indefinitely, with Trump saying

2037
01:35:48,120 --> 01:35:51,000
Speaker 11: he didn't want a wasted meeting because Russia is saying, no,

2038
01:35:51,160 --> 01:35:53,040
Speaker 11: we're not ready to stay where we are. We're not

2039
01:35:53,120 --> 01:35:55,120
Speaker 11: going to keep the front lines where we are. We're

2040
01:35:55,160 --> 01:35:56,800
Speaker 11: going to carry on, and that has led to a

2041
01:35:56,920 --> 01:36:01,639
Speaker 11: joint statement signed by Ukrainian, German, French, attack Polish, Danish, Finnish, EU,

2042
01:36:01,760 --> 01:36:05,320
Speaker 11: Norwegian leaders and British leaders saying Ukraine must be in

2043
01:36:05,400 --> 01:36:08,400
Speaker 11: the strongest possible position before, during, and after an he

2044
01:36:08,479 --> 01:36:12,479
Speaker 11: ceased far so. Although Russia has warned people not to

2045
01:36:12,600 --> 01:36:16,080
Speaker 11: give Ukraine long range missiles, saying that it could bring

2046
01:36:16,280 --> 01:36:19,600
Speaker 11: them into the fight, well the UK's done just that,

2047
01:36:20,000 --> 01:36:23,200
Speaker 11: and now the pressure is on Russia on America to

2048
01:36:23,280 --> 01:36:26,120
Speaker 11: do the same and give Ukraine permission to use long

2049
01:36:26,200 --> 01:36:27,599
Speaker 11: range Tomahawk missiles.

2050
01:36:28,040 --> 01:36:30,400
Speaker 3: Interesting, Devin, thank you as always, love chatting to you.

2051
01:36:30,400 --> 01:36:31,479
Speaker 3: We'll talk to you in a couple of days. It's

2052
01:36:31,520 --> 01:36:35,960
Speaker 3: Kevin Gray are UK correspondent. Actually, this is fascinating. Get

2053
01:36:36,000 --> 01:36:37,280
Speaker 3: a load of this case. You know how the cocoa

2054
01:36:37,360 --> 01:36:39,439
Speaker 3: prices are up and chocolate's just going through the roof

2055
01:36:39,479 --> 01:36:41,360
Speaker 3: and stuff. As a result of that. There's a couple

2056
01:36:41,360 --> 01:36:43,040
Speaker 3: of chocolates over in the UK. One of them is

2057
01:36:43,080 --> 01:36:44,600
Speaker 3: called the Penguin Bar and the other one's called the

2058
01:36:44,640 --> 01:36:47,080
Speaker 3: Club Bar, and they are now no longer classified as

2059
01:36:47,160 --> 01:36:49,880
Speaker 3: chocolate because the people who make them have just the

2060
01:36:49,960 --> 01:36:52,479
Speaker 3: finding the cocoa price is so expensive they have basically

2061
01:36:52,560 --> 01:36:55,639
Speaker 3: dropped the cocoa content so low they are now considered

2062
01:36:55,680 --> 01:36:58,639
Speaker 3: no longer chocolate but chocolate flavor. So that's what's happening

2063
01:36:58,680 --> 01:37:02,519
Speaker 3: to the world. Hither disclaimer. Four thirty starts in the

2064
01:37:02,600 --> 01:37:06,320
Speaker 3: morning are built for male hormones. They are terrible for women.

2065
01:37:06,880 --> 01:37:09,519
Speaker 3: We women need the sleep and also we need a

2066
01:37:09,560 --> 01:37:13,160
Speaker 3: breakfast of protein before we start doing our morning exercises.

2067
01:37:13,840 --> 01:37:17,840
Speaker 3: Remember that it's important. Eight away from seven it's the

2068
01:37:17,960 --> 01:37:18,400
Speaker 3: Heather too.

2069
01:37:18,600 --> 01:37:22,720
Speaker 1: See Alan Drive Full Show podcast on iHeartRadio powered by

2070
01:37:22,840 --> 01:37:23,679
Speaker 1: newstalg Zebbi.

2071
01:37:26,000 --> 01:37:28,200
Speaker 3: Heather at four o'clock is not good for women. This

2072
01:37:28,360 --> 01:37:31,760
Speaker 3: is why men get paid more. Bob, shut up. What

2073
01:37:31,960 --> 01:37:35,280
Speaker 3: a load of crap. That's okay if you're getting up

2074
01:37:35,320 --> 01:37:36,920
Speaker 3: at four in the morning, that would be fine, if

2075
01:37:36,960 --> 01:37:38,960
Speaker 3: it was normal to get up at four in the morning. Bob,

2076
01:37:39,040 --> 01:37:41,640
Speaker 3: you know it's not. You're just winding us up, now,

2077
01:37:41,720 --> 01:37:42,040
Speaker 3: aren't you.

2078
01:37:42,320 --> 01:37:42,439
Speaker 5: Now.

2079
01:37:42,600 --> 01:37:44,479
Speaker 3: Five away from seven, listen, we're being warned we have

2080
01:37:44,560 --> 01:37:46,960
Speaker 3: to stop being polite to AI. I don't know if

2081
01:37:47,000 --> 01:37:49,280
Speaker 3: you do this, but I do find myself accidentally doing

2082
01:37:49,320 --> 01:37:51,439
Speaker 3: this when I'm doing the chat GPT instruction and then

2083
01:37:51,479 --> 01:37:53,400
Speaker 3: it goes sorry, I wasn't able to find you that

2084
01:37:53,439 --> 01:37:54,840
Speaker 3: would you like me to have another look? And I

2085
01:37:54,920 --> 01:37:57,840
Speaker 3: go yes, please, And that's just because I've been taught

2086
01:37:57,920 --> 01:37:59,800
Speaker 3: that's just manners, right, You just say yes please to

2087
01:37:59,800 --> 01:38:02,200
Speaker 3: be people, so you say yes please to the AI. Well,

2088
01:38:02,280 --> 01:38:08,439
Speaker 3: a US based AI anthropologist cliff Yerkowitz says, you must

2089
01:38:08,520 --> 01:38:10,760
Speaker 3: not do this. You must not say please and thank

2090
01:38:10,800 --> 01:38:12,960
Speaker 3: you to the AI. Otherwise you're blurring the line between

2091
01:38:13,040 --> 01:38:15,840
Speaker 3: humans and technology. And quote, if we don't do it

2092
01:38:15,920 --> 01:38:18,480
Speaker 3: in the right way, we're going to ascribe human attributes

2093
01:38:18,560 --> 01:38:21,000
Speaker 3: that don't exist to AI. And I don't like that.

2094
01:38:21,560 --> 01:38:25,200
Speaker 3: That's scary, he reckons. He's worried. People are already struggling

2095
01:38:25,240 --> 01:38:29,559
Speaker 3: to tell the difference, especially kids. And apparently it's not unusual.

2096
01:38:29,960 --> 01:38:32,120
Speaker 3: They did a survey of about more than one thousand people.

2097
01:38:32,479 --> 01:38:34,680
Speaker 3: Sixty seven percent of people who use AI in the

2098
01:38:34,840 --> 01:38:37,200
Speaker 3: US and seventy one percent of people who use it

2099
01:38:37,240 --> 01:38:38,360
Speaker 3: in the UK up light to it.

2100
01:38:38,720 --> 01:38:42,080
Speaker 6: And well, I mean if the thing gets become self

2101
01:38:42,120 --> 01:38:44,439
Speaker 6: aware and does a sky net sort of terminator on us,

2102
01:38:44,560 --> 01:38:46,400
Speaker 6: I mean, hopefully it will remember which ones are just

2103
01:38:46,560 --> 01:38:48,960
Speaker 6: repolite to it, and you know, maybe won't blow us up.

2104
01:38:49,000 --> 01:38:50,720
Speaker 3: Strang, I just thought that there might be a thing

2105
01:38:50,800 --> 01:38:53,519
Speaker 3: in the program where if you say please, it's more

2106
01:38:53,680 --> 01:38:57,200
Speaker 3: likely to give you, like some free stuff from open AI.

2107
01:38:57,320 --> 01:38:59,040
Speaker 6: Well, the way that way it can randomly do stuff

2108
01:38:59,040 --> 01:38:59,840
Speaker 6: I mean he's probably worth it.

2109
01:38:59,840 --> 01:39:03,799
Speaker 7: Try all right, isn't it? Oasis?

2110
01:39:03,880 --> 01:39:05,400
Speaker 6: Oasis Champagne Sooven over the places?

2111
01:39:05,439 --> 01:39:06,599
Speaker 7: I was like, what was I? What was I doing?

2112
01:39:06,680 --> 01:39:08,520
Speaker 6: Jaysis Champagne Sooven over the pineapples?

2113
01:39:08,840 --> 01:39:09,040
Speaker 25: Yeah?

2114
01:39:09,520 --> 01:39:10,040
Speaker 7: Obviously.

2115
01:39:11,160 --> 01:39:13,600
Speaker 6: So two thousand and nine was when Oasis broke up

2116
01:39:13,720 --> 01:39:16,679
Speaker 6: where we meant to perform at Rock on Sand festival

2117
01:39:16,800 --> 01:39:18,640
Speaker 6: in Paris and it never happened because they had a

2118
01:39:18,680 --> 01:39:21,559
Speaker 6: big bust up in the dressing room. Liam stormed around,

2119
01:39:21,600 --> 01:39:23,599
Speaker 6: he threw a plumb around, apparently this is all going

2120
01:39:23,640 --> 01:39:24,400
Speaker 6: to Nole, so I don't know.

2121
01:39:24,400 --> 01:39:25,120
Speaker 7: If it's actually true.

2122
01:39:25,400 --> 01:39:28,240
Speaker 6: And he had a cherry red Gibson guitar that was

2123
01:39:28,240 --> 01:39:30,560
Speaker 6: an Ole's guitar that he broke. If you want to

2124
01:39:30,600 --> 01:39:33,240
Speaker 6: buy that guitar, it is going under the hammer in London.

2125
01:39:33,400 --> 01:39:35,719
Speaker 6: It was last sold for eight hundred and ninety thousand dollars.

2126
01:39:35,800 --> 01:39:38,599
Speaker 6: It's expected this week to pitch one point one six

2127
01:39:38,760 --> 01:39:41,680
Speaker 6: million New Zealand dollars. We go in for it, Oh well,

2128
01:39:41,920 --> 01:39:42,880
Speaker 6: I mean I don't know if you'd be able to

2129
01:39:42,880 --> 01:39:44,519
Speaker 6: play it that well, it was damaged, but yeah.

2130
01:39:44,400 --> 01:39:46,400
Speaker 3: Oh yeah, does it look nice and the wall look nice?

2131
01:39:46,439 --> 01:39:49,000
Speaker 3: And you will we'll do it for ye oh thanks,

2132
01:39:49,160 --> 01:39:52,040
Speaker 3: well wesh because we don't get paid enough because we

2133
01:39:52,040 --> 01:39:53,639
Speaker 3: don't work to pack at four in the morning. According

2134
01:39:53,680 --> 01:39:56,160
Speaker 3: to Bob anyway, listen, enjoy evening, see tomorrow by.

2135
01:40:15,560 --> 01:40:18,720
Speaker 1: For more from Hither Duplessy Allen Drive. Listen live to

2136
01:40:18,840 --> 01:40:21,840
Speaker 1: news talks it'd B from four pm weekdays, or follow

2137
01:40:21,920 --> 01:40:23,640
Speaker 1: the podcast on iHeartRadio.